Akio Toyoda no longer CEO and President of Toyota

Changing of the Guard

Akio Toyoda no longer CEO and President of Toyota

Big change of the guard at Toyota. Toyota guru Akio Toyoda is no longer the CEO and President of Toyota Motor Corporation. Koji Satois his successor. But Akio Toyoda doesn’t want to know anything about leaving completely.

Akio Toyoda was at the helm of Toyota Motor Corporation for 13 years, but as of April 1, that is no longer the case. From that moment on, Koji Sato takes over the baton – or rather the batons – from Toyoda. Koji Sato is of course no stranger to the Japanese car giant.

Sato serves as Executive Director, Chief Branding Officer and President of both Lexus and Gazoo Racing, among others. As of April 1, Koji Sato is not only CEO of Toyota, but also President. He also remains Executive Director. Akio Toyoda, who is on the throne until April 1, will remain active at Toyota. He will be chairman of the Board of Directors.

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– Thanks for information from Autoweek.nl

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