SoftBank says President Arora to resign on Wednesday

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Reuters TOKYO
Last Updated : Jun 21 2016 | 5:29 PM IST

TOKYO (Reuters) - SoftBank Group Corp said on Tuesday that President Nikesh Arora would resign as of Wednesday's shareholders meeting, less than two years since he joined the Japanese Internet conglomerate.

SoftBank said Arora and Chairman and Chief Executive Masayoshi Son had disagreed over when Arora would replace Son as head of the group.

(Reporting by Makiko Yamazaki)

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First Published: Jun 21 2016 | 5:19 PM IST

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