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Sadao Kondo

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October 25, 2000 | Associated Press
The president of Sanyo Electric Co., one of Japan's largest manufacturers of consumer electronics, is reportedly planning to resign to take responsibility for a scandal in which a subsidiary continued to sell defective solar panels even after it discovered the problems. Sanyo President Sadao Kondo informed Chairman Satoshi Iue of his intention to step down after a replacement is named, Dow Jones Newswires reported. The news service cited a company employee who spoke on condition of anonymity.
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BUSINESS
October 25, 2000 | Associated Press
The president of Sanyo Electric Co., one of Japan's largest manufacturers of consumer electronics, is reportedly planning to resign to take responsibility for a scandal in which a subsidiary continued to sell defective solar panels even after it discovered the problems. Sanyo President Sadao Kondo informed Chairman Satoshi Iue of his intention to step down after a replacement is named, Dow Jones Newswires reported. The news service cited a company employee who spoke on condition of anonymity.
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