PERFORMANCE:Under new company president Tai Jeng-wu, Sharp is hoping to regain its brand image and encourage workers to take individual responsibility

Taipei Times
Date: Aug 23, 2016
By: Lauly Li / Staff reporter

Sharp Corp president Tai Jeng-wu (戴正吳) yesterday said he will forgo his salary as a member of Sharp’s board of directors, and cancel a base and managerial salary reduction as part of efforts to boost employee morale.

The cancelation of salary reductions is to take place next month at the earliest, Japan’s Sankei Shimbun and Nikkei Shimbun quoted Tai as saying.

Tai’s remarks came before the second day of Sharp’s internal two-day meeting in Japan.

The event was Tai’s first meeting after taking over from former president Kozo Takahashi on Aug. 14, when Hon Hai Precision Industry Co (鴻海精密) injected ￥388.8 billion (US$3.86 billion) capital into the company.     [FULL  STORY]