Toyota City, Japan, March 1, 2022―Toyota Motor Corporation (TMC) announced today that it intends to implement changes to its executive structure and senior professional/senior management employees effective April 1, 2022, and changes to its Board of Directors and Audit and Advisory Board effective the date of its 118th Ordinary General Shareholders’ Meeting as described below.
Changes to executive structure and senior professional/senior management employees effective April 1
The roles of operating officers are to be reorganized and the position of executive vice president will be newly established to create a position for focusing on management perspectives with the president.
New Executive Vice President
Name
Current
Kenta Kon
Operating Officer
Masahiko Maeda
Operating Officer
Masanori Kuwata
Operating Officer
New Operating Officer
Name
Current
Yoichi Miyazaki
Asia Region (Chief Executive Officer)
Toyota Motor Asia Pacific Pte Ltd.
Toyota Daihatsu Engineering & Manufacturing Co., Ltd.
Changes in areas of responsibility for Operating Officers
*Newly appointed
Name
Current
New
Kenta Kon
Chief Financial Officer
Accounting Group (Chief Officer)
Executive Vice President
Chief Financial Officer
Masahiko Maeda
Chief Technology Officer
Toyota ZEV Factory (Chief Officer)
Vehicle Development Center (President)
Executive Vice President
Chief Technology Officer
Toyota ZEV Factory (Chief Officer)
Vehicle Development Center (President)
Masanori Kuwata
Chief Planning Officer
Chief Human Resources Officer
Business Development Group (Chief Officer)
Executive Vice President
Chief Risk Officer
Chief Compliance Officer
Chief Human Resources Officer
Koji Kobayashi
Banto**
Chief Risk Officer
Banto**
*
Yoichi Miyazaki
Asia Region (Chief Executive Officer)
Toyota Motor Asia Pacific Pte Ltd.
Toyota Daihatsu Engineering & Manufacturing Co., Ltd.
Chief Competitive Officer
Business Planning & Operation (President)
**
The person responsible for overseeing the entire company and supporting management
Changes in areas of responsibility for senior professionals/senior management (Senior general manager level and above)
*Newly appointed
Name
Current
New
Hao Tien
Sales Financial Business Group (Deputy Chief Officer)
Toyota Motor Asia Pacific Pte Ltd.
Sales Financial Business Group (Deputy Chief Officer)
Asia Region (Chief Executive Officer)
Toyota Motor Asia Pacific Pte Ltd.
Toyota Daihatsu Engineering & Manufacturing Co., Ltd.
*
Isao Nakanishi
Business Development Group
New Business Planning Div. (General Manager)
Business Development Group (Chief Officer)
New Business Planning Div. (concurrently General Manager)
Masahiro Yamamoto
CEO Office (General Manager)
Accounting Group (Chief Officer)
Christopher P. Reynolds
Deputy Chief Risk Officer
General Administration & Human Resources Group(Deputy Chief Officer)
North America Region (Chief Administrative Officer)
Toyota Motor North America, Inc.
Deputy Chief Risk Officer
Deputy Chief Compliance Officer
General Administration & Human Resources Group(Deputy Chief Officer)
North America Region (Chief Administrative Officer)
Toyota Motor North America, Inc.
Yoshihiro Nakata
Europe Region (Deputy Chief Executive Officer)
Business Planning Div.
Sales & Operation Planning Div.
KD Business Planning Div.
Sales & Marketing Support Div.
Europe Region (Deputy Chief Executive Officer)
Changes to members of the Board of Directors and the Audit and Advisory Board following the Ordinary General Shareholders’ Meeting
The formal appointment of members of the Board of Directors and the Audit and Supervisory Board will be formalized after approval at the 118th Ordinary General Shareholders’ Meeting. The formal assignment of board members with specific titles, and the appointment of board members with the legal status to represent TMC (representative directors), will be made at the board of directors meeting following the 118 th Ordinary General Shareholders’ Meeting. The resignation of board members leaving their current posts will become official on the day of the 118th Ordinary General Shareholders’ Meeting.
New Member of the Board of Directors
Name
Current
New
Masahiko Maeda
Operating Officer
Member of the Board of Directors
Operating Officer*1
*1
Concurrent operating officer
Member of the Board of Directors Resigning Post
Name
Current Title
Koji Kobayashi
Member of the Board of Directors (Representative Director)*2
*2
Continuing operating officer
New Audit and Supervisory Board Members
Name
Current
New
George Olcott
Outside Director, JP Morgan Japanese Investment Trust plc
Outside Director, Kirin Holdings Company, Limited etc.
Audit and Supervisory Board Member
Audit and Supervisory Board Members Resigning Post
Name
Current Title
Nobuyuki Hirano
Audit and supervisory board member
For referenceMembers of the Board of Directors and members (candidates) of the Audit and Supervisory Board following the 118th Ordinary General Shareholders’ Meeting
Members of the Board of Directors
*Newly appointed
Name
Title
Takeshi Uchiyamada
Chairman of the Board of Directors (Representative Director)
Shigeru Hayakawa
Vice Chairman of the Board of Directors (Representative Director)
Akio Toyoda*1
President, Member of the Board of Directors (Representative Director)
James Kuffner*2
Member of the Board of Directors
Kenta Kon*2
Member of the Board of Directors
*
Masahiko Maeda*2
Member of the Board of Directors
Ikuro Sugawara*3
Member of the Board of Directors
Sir Philip Craven*3
Member of the Board of Directors
Teiko Kudo*3
Member of the Board of Directors
*1
Concurrent operating officer (president)
*2
Concurrent operating officer
*3
External board member
Members of the Audit and Supervisory Board
*Newly appointed
Name
Title
Haruhiko Kato
Audit and Supervisory Board Member (full-time)
Masahide Yasuda
Audit and Supervisory Board Member (full-time)
Katsuyuki Ogura
Audit and Supervisory Board Member (full-time)
Yoko Wake
Audit and Supervisory Board Member
Hiroshi Ozu
Audit and Supervisory Board Member
*
George Olcott
Audit and Supervisory Board Member
Toyota Motor Corporation works to develop and manufacture innovative, safe and high-quality products and services that create happiness by providing mobility for all. We believe that true achievement comes from supporting our customers, partners, employees, and the communities in which we operate. Since our founding over 80 years ago in 1937, we have applied our Guiding Principles in pursuit of a safer, greener and more inclusive society. Today, as we transform into a mobility company developing connected, automated, shared and electrified technologies, we also remain true to our Guiding Principles and many of the United Nations’ Sustainable Development Goals to help realize an ever-better world, where everyone is free to move.
