Exposure by Michael Woodford audiobook

Exposure: Inside the Olympus Scandal: How I Went from CEO to Whistleblower

By Michael Woodford
Read by Michael Woodford

Gildan Media 9781469025247
8.10 Hours Unabridged
Format: Digital Download (In Stock)
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    ISBN: 9781469025247

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When Michael Woodford was made president of Olympus, the company to which he had dedicated thirty years of his career, he became the first Westerner ever to climb the ranks of one of Japan's corporate giants. Some wondered at the appointment, how could a gaijin who didn't even speak Japanese understand how to run a Japanese company? But within months Woodford had gained the confidence of most of his colleagues and shareholders. Unfortunately, soon after, his dream job turned into a nightmare. The trouble began when Woodford learned about a series of bizarre mergers and acquisitions deals totaling $1.7 billion, a scandal that threatened to bring down the entire company if exposed. He turned to his fellow executives, including the chairman who had promoted him Tsuyoshi Kikukawa, for answers. But instead of being heralded as a hero for trying to save the company, Woodford was met with vague responses and hostility, a clear sign of a cover up. Undeterred, he demanded to be made CEO so he could have more leverage with his board and continue to search for the truth. Then, just weeks after being granted the top title, he was fired in a boardroom coup that shocked Japan and the business world at large. Worried his former bosses might try to silence him, Woodford immediately fled the country in fear of his life and went straight to the press, making him the first CEO of a global multinational to blow the whistle on his own company. The result is a deeply personal memoir that reads like a thriller narrative. As Woodford puts it, "I thought I was going to run a health care and consumer electronics company, but found I had walked into a John Grisham novel."

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Summary

Summary

When Michael Woodford was made president of Olympus, the company to which he had dedicated thirty years of his career, he became the first Westerner ever to climb the ranks of one of Japan's corporate giants. Some wondered at the appointment, how could a gaijin who didn't even speak Japanese understand how to run a Japanese company? But within months Woodford had gained the confidence of most of his colleagues and shareholders. Unfortunately, soon after, his dream job turned into a nightmare.

The trouble began when Woodford learned about a series of bizarre mergers and acquisitions deals totaling $1.7 billion, a scandal that threatened to bring down the entire company if exposed. He turned to his fellow executives, including the chairman who had promoted him Tsuyoshi Kikukawa, for answers. But instead of being heralded as a hero for trying to save the company, Woodford was met with vague responses and hostility, a clear sign of a cover up. Undeterred, he demanded to be made CEO so he could have more leverage with his board and continue to search for the truth. Then, just weeks after being granted the top title, he was fired in a boardroom coup that shocked Japan and the business world at large. Worried his former bosses might try to silence him, Woodford immediately fled the country in fear of his life and went straight to the press, making him the first CEO of a global multinational to blow the whistle on his own company.

The result is a deeply personal memoir that reads like a thriller narrative. As Woodford puts it, "I thought I was going to run a health care and consumer electronics company, but found I had walked into a John Grisham novel."

Editorial Reviews

Editorial Reviews

“Michael Woodford took a considerable risk in exposing wrongdoing. He was a study of boldness in action.” Lionel Barber, editor, Financial Times
Exposure treats readers to a fascinating inside look at bare-knuckled corporate governance.” Economist
“Woodford’s reaction to the corporate malfeasance and corruption he discov­ered once he reached the top is even more noteworthy, though perhaps not surprising. Throughout his life he had demonstrated a willingness to speak out against what he perceived as treachery, even when it could result in financial harm or personal danger.” Bloomberg BusinessWeek
“A gripping chronicle by a corporate whistle-blower who achieved a stunning victory.” Kirkus Reviews

Reviews

Reviews

Author

Author Bio: Michael Woodford

Author Bio: Michael Woodford

Michael Woodford grew up in Liverpool and joined Olympus in 1981 as a medical equipment salesman. He later became head of its UK, Mid­dle East, Africa, and European businesses. In April 2011 he was appointed president and COO of the Olympus Corporation, the first Western “salaryman” to rise through the ranks to the top of a Japanese giant. That October he was made CEO, but only two weeks later was dismissed after querying inexplicable payments of $1.7 billion. He was named Business Person of the Year by four major newspapers and won the Financial Times/Arcelor-Mittal Boldness in Business Person of the Year award. He lives in London with his wife and two teenage children.

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Details

Details

Available Formats : Digital Download
Runtime: 8.10
Audience: Adult
Language: English