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Leica's CEO removed from power

Darren Murph

Without any definitive rhyme nor reason, it appears that Leica's CEO, Steven K. Lee, has been "removed from power by the company's supervisory board." Reportedly, Mr. Lee has been replaced by the firm's owner and board chairman Andreas Kaufman, who will run the company jointly with board financial controller and treasurer, Andreas Lobejäger, until later this month. Interestingly, we're not told who will pick up the reins permanently after that -- nor exactly why the decision was made -- but we suppose it's only a matter of hours before we find out.

[Via 1001 Noisy Cameras]

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