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SEC looks into Arora activities at Softbank - report
2016-07-04 09:23:00| Telecompaper Headlines
(Telecompaper) SoftBank is being investigated by the US Securities and Exchange Commission (US SEC) regulators over allegations about Nikesh Arora's activities before he resigned as president last week, Bloomberg reported, citing sources familiar with the matter. The SEC is looking into whether Arora had conflicts of interest or engaged in questionable behaviour as well as SoftBank's disclosures to investors, said the people, who asked not to be named because the matter isn't public. The opening of an SEC inquiry is typically a preliminary step and doesn't mean SoftBank or Arora, neither of whom have been accused of wrongdoing, will ever face an enforcement action.
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sec
softbank
SEC probes Softbank over Arora conduct
2016-07-04 02:00:00| Total Telecom industry news
Former COO investigated over alleged conflicts of interest, 'questionable' behaviour.
Tags: sec
conduct
probes
softbank
Nikesh Arora quits Softbank
2016-06-22 02:00:00| Total Telecom industry news
CEO-in-waiting steps down after current chief Masayoshi Son signals intention to stay on for up to another 10 years.
Softbank names Arora replacement
2016-06-22 02:00:00| Total Telecom industry news
Head of domestic business Ken Miyauchi to become COO and president of international business.
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replacement
softbank
arora
Softbank COO Arora steps down
2016-06-21 15:34:00| Telecompaper Headlines
(Telecompaper) SoftBank announced the departure of its COO and President Nikesh Arora from 01 July. Arora joined Softbank from Google in September 2014 and helped lead the reorgnisation of the group's domestic and international activities and manage its large portfolio of internet investments. He was expected to take over eventually from Softbank founder and CEO Masayoshi Son. Son said in a statement that he had planned to hand the reins to Arora after his 60th birthday but has now decided that he wants to hold the top job for another 5-10 years and "develop a few more crazy ideas". Saying he did not want to keep Arora waiting for the CEO job, they agreed would move to an advisory role, "while he zeroes on his next challenge".
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coo
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arora
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