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Chief of Japanese beverage giant Suntory claims innocence after resigning over CBD supplement
Takeshi Niinami resigned amid investigation into suspected cannabis possession linked to a U.S. CBD supplement, citing carelessness affecting Suntory's reputation.
- Takeshi Niinami, former chief executive of Suntory, resigned Tuesday amid an investigation in a possible drug case in Japan.
- The investigation stemmed from Niinami’s receipt of a U.S.-made CBD supplement sent by a friend, which he assumed was legal and intended to relieve jet lag.
- Niinami, 66, expressed a heartfelt apology to the public and spoke on Wednesday at the office of Keizai Doyukai, a prominent business lobby group in Tokyo, where he maintained his innocence and provided details about the supplement’s background.
- Established in 1899 and recognized for its whisky, beer, and supplements, Suntory experienced significant international growth under Niinami’s leadership, including a major $16 billion purchase of Beam Inc. approximately ten years ago that enhanced the company's presence in the U.S. market.
- Nobuhiro Torii, Suntory’s president and founding family member, announced Niinami’s resignation but declined details as the case remains under investigation and no successor has been named.
15 Articles
15 Articles
Associated Press News
Chief of Japanese beverage giant Suntory claims innocence after resigning over CBD supplement
The former chief executive of Japanese beverage giant Suntory has acknowledged he was investigated on suspicion of possessing an illegal drug but has asserted his innocence despite resigning from his position.
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Today, CEOs are the public face of the company; their actions and decisions directly affect corporate perception. More than 75% of consumers consider that the CEO’s reputation influences their purchasing, investment and employment decisions, according to APCO Worldwide data. 69% of job seekers would avoid working in a company with a reputational CEO. Photo by Bigstock Takeshi Niinami’s resignation as CEO of Suntory Holdings reveals a reality in …
Suntory CEO Resigns Over Illegal Substance
The CEO of global beverage giant Suntory Holdings has stepped down after police discovered a supplement containing a controlled substance at his Tokyo home, ending the 66-year old veteran executive’s 11-year tenure at the Japanese drinks giant. Read More The post Suntory CEO Resigns Over Illegal Substance appeared first on Vino Joy News.
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