News > Toshiba board gains two directors from activist hedge funds

Toshiba board gains two directors from activist hedge funds

Toshiba shareholders voted in two board directors from activist hedge fund investors at its annual general meeting on Tuesday - an inclusion that is expected to add momentum to its exploration of potential buyout deals.

Nabeel Bhanji, a senior portfolio manager at Elliott Management, and Eijiro Imai, managing director at Farallon Capital Management were elected, as was Akihiro Watanabe, an executive from boutique US investment bank Houlihan Lokey.