Executive Structure Changes at Toyota
Toyota Motor Corporation (TMC) announced today that it intends to implement changes to its executive structure and senior professional/senior management employees effective March 1 and April 1, 2023, and changes to its Board of Directors effective the date of its 119th Ordinary General Shareholders’ Meeting.
TMC announced on January 26, 2023 that Chairman Takeshi Uchiyamada will resign his post, President Akio Toyoda will be appointed chairman, and Operating Officer Koji Sato will be appointed president, effective April 1, 2023.
At the time of the announcement in January, Operating Officer Sato expressed his resolve in assuming the post of president, saying, “Our new team’s theme is ‘inheritance and evolution’. We will implement product-centered and region-centered management while valuing the philosophy of our company’s founding and will endeavor to fully redesign Toyota into a mobility company. Making ever-better cars and being the best car company in town are exactly the values that Toyota must hold. With these values so deeply instilled in the company by President Toyoda over the past 13 years, what the new team must do is push implementation at greater speed.”
The new structure that is to implement product-centered and region-centered management led by incoming President
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