Toyota scion Akio Toyoda is stepping down as CEO and president to become chairman as the company navigates the transition to EVs
TOKYO— Toyota Motor Corp. Chief Executive Akio Toyoda, a scion of the founding family who has led the company since 2009, will step down from his current roles and become chairman in April, Toyota said Thursday.
Chief Branding Officer Koji Sato, a 53-year-old executive who has led Toyota’s luxury Lexus division since 2020, will become president and chief executive in April, the company said. Takeshi Uchiyamada, Toyota’s chairman, will step down from that post.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Toyota CEO and President Akio Toyoda to step downToyoda, 66, is the grandson of the carmaker's founder and has served as chief executive since June 2009.
Read more »
Toyota president Akio Toyoda to become chairmanToyota Motor Corp said on Thursday its president and chief executive officer Akio Toyoda will become chairman effective April 1.
Read more »
Toyota leader Akio Toyoda to step down as president and chief executiveToyota Motor Corp said on Thursday that Akio Toyoda will step down as president and chief executive to become chairman from April 1, and hand over the helm of Japan's biggest automaker to its top branding officer, Koji Sato.
Read more »
Scooter Braun Drops Co-CEO Title, Is Now Sole CEO of HYBE AmericaBraun, who joined HYBE in 2021 via the company’s acquisition of his Ithica Holdings, shared the CEO title with Lenzo Yoon until recently.
Read more »
Toyota And Douze Cycles Team Up To Release New Electric Cargo BikeToyota France has teamed up with French e-bike specialist Douze Cycles to come up with a new cargo e-bike for last mile delivery services.
Read more »