Four NOVA executives quit, including founding board member

Four high-ranking employees of scandal-plagued NOVA Co. resigned Thursday, including an executive who had been with the English conversation school chain since its inception, company officials said.

Anders Lundqvist, who had been involved with NOVA since its foundation walked out on the beleaguered business Thursday, together with three auditors.

Reasons for the resignations were not announced, but it is believed that Lundqvist and the auditors were at odds with NOVA President Nozomu Sahashi’s plans to rebuild the struggling chain, which has been plagued in recent weeks by such events as labor troubles brought on by not paying teachers and forced closure of schools because it couldn’t pay rents.

NOVA plans to hold an emergency board meeting on Friday to discuss how it can move ahead.

http://mdn.mainichi.jp/national/news/20071025p2a00m0na020000c.html

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