Takata Shareholders Approve CEO’s Reappointment at Lowest Rate

  • Approval at 84% rate trailed Takata’s five other directors
  • Shareholders said 50-year-old CEO signaled he’ll step down

Shigehisa Takada.

Photographer: Kiyoshi Ota/Bloomberg

Shigehisa Takada, president and chief executive officer of embattled air-bag maker Takata Corp., was reappointed with the lowest approval rate among six board directors following an annual meeting in which he signaled his willingness to eventually step down.

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