Nomura CEO Reduces Salary Following Former Employee’s Attempted Murder Charge

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Nomura Holdings CEO Kentaro Okuda announced on Tuesday that he, along with nine other executives, will be reducing their pay as a show of responsibility following a troubling incident. The incident involved a former employee who was charged with attempted murder and robbery.

Okuda shared that he and four executives will see a 30% pay cut for the next three months, while the remaining five board members will have a 20% reduction in pay for the same period. During a news conference in Tokyo, Okuda stated, “This incident should never have happened at a financial institution entrusted with the valuable assets of clients who place their trust in us, and we take it very seriously.”

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