Japan Oil Firm Chief Sacked over Misconduct: A Sign of Change in Corporate Culture?
The president of Japan’s largest oil company, ENEOS Holdings, has been dismissed from his post over allegations of sexual and power harassment, in a rare case of a top executive being held accountable for misconduct in the country’s conservative corporate culture. The company announced on Monday that Masashi Morimoto, who had been president since 2019, had resigned effective immediately, after …