Akio Toyoda Steps Down As CEO of Toyota, Becomes Chairman of the Board

Akio Toyoda Steps Down As CEO of Toyota, Becomes Chairman of the Board

Toyota changed its executive structure and board of directors. Most notably, Akio Toyoda will no longer be the automaker’s chief executive officer, but he will become chairman of the board. Toyoda has been president and CEO of Toyota for the past 13 years. Koji Sato will be the automaker’s new CEO. He currently serves as … Read more