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Toyota CEO and President Akio Toyoda to step down - TL;DR CNBC

Toyota CEO and President Akio Toyoda to step down

Publishing timestamp: 2023-01-26 05:20:41


Summary

Toyota Motor Corporation's President and Chief Executive Akio Toyoda will step down from his post on April 1 to be replaced by current Chief Branding Officer Koji Sato. Toyoda will become new chairman of board, while current Chairman Takeshi Uchiyamada will continue as member of board. Sato acknowledged Toyota must continue its green efforts and Toyoda said in a webcast that the current Toyota structural change has been triggered by his resignation.


Sentiment: NEUTRAL

Tickers: TSLA

Keywords: breaking news: asiabusiness newsakio toyodaautostesla inc

Source: https://www.cnbc.com/2023/01/26/toyota-ceo-and-president-akio-toyoda-to-step-down-.html


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