"Takeshi Niinami, chairman and chief executive officer of Suntory Holdings, the global powerhouse that owns Jim Beam, has resigned following an investigation into his purchase of supplements that allegedly contained cannabis components. The resignation has placed the spotlight on Japan's uncompromising drug regulations, which criminalize substances legal in most countries. Suntory confirmed that Niinami submitted his resignation after internal deliberations regarding his involvement in the matter."
"Suntory's leadership emphasized that senior executives are expected to demonstrate the highest level of awareness and caution, especially when making personal purchases that could inadvertently expose the company to reputational risk. The company said, "Exercising appropriate caution in purchasing supplements is an indispensable quality." President Nobuhiro Torii acknowledged Niinami's leadership, describing him as "a bold, decisive leader with the ability to get things done." Nonetheless, the company concluded that his actions-whether intentional or not-reflected a lapse in judgment incompatible with his role as chairman."
Takeshi Niinami resigned as chairman and chief executive officer of Suntory Holdings after an investigation into his purchase of supplements that allegedly contained cannabis components. The supplements were reportedly bought in the United States and Niinami maintains he believed them to be legal in Japan. Niinami expressed regret and said he stepped down to avoid causing further trouble. Suntory emphasized that senior executives must exercise the highest awareness and caution when making personal purchases to prevent reputational risk. Company leaders praised his prior leadership but concluded the incident reflected a lapse in judgment. The controversy spotlights Japan's restrictive drug policies.
Read at stupidDOPE | Est. 2008
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