SoftBank says Uniqlo founder to resign as external board member

Published Fri, Dec 27, 2019 · 07:38 AM

[TOKYO] SoftBank Group Corp said on Friday Tadashi Yanai, founder and CEO of Uniqlo parent Fast Retailing, would resign as an external board member at the end of the month.

An ally of SoftBank founder and CEO Masayoshi Son, the fashion billionaire is one of only three external members of a board filled with SoftBank executives and heads of its portfolio companies.

REUTERS

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SoftBank says Uniqlo founder to resign as external board member

KEYWORDS IN THIS ARTICLE

Consumer & Healthcare

Cutting the cord?: Events leading up to Cordlife’s MOH suspension and arrests of its directors, ex-group CEO

Billionaires selling cheap stuff get richer from inflation pain

Amazon to push cashierless shopping tech into more third-party stores, while backing off itself

Japan’s Uniqlo opens Rome store as part of European expansion

Abbott beats quarterly profit estimates on strong medical device sales

Adidas shares surpass two-year high as 'terrace' sneaker trend boosts brand heat

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