Toyota Motor Corporation (TMC) today announces executive and organizational changes, as outlined below. The executive changes, previously announced on March 6, were ratified here today at TMC’s General Shareholders Meeting.
1. Executive Changes
1) Changes Concerning Chairman and Board Members
| Name | New Title | Former Title |
| Fujio Cho | Honorary Chairman | Chairman of the board (representative director) |
| Takeshi Uchiyamada | Chairman of the board (representative director) | Vice chairman of the board (representative director) |
2) New Executive Vice Presidents and Board Members
| Name | Former Title |
| Yasumori Ihara | Senior managing officer, member of the board |
| Seiichi Sudo | Senior managing officer |
3) New Outside Board Members
| Name | Current Non-TMC Title |
| Ikuo Uno | Executive advisor, Nippon Life Insurance Company |
| Haruhiko Kato | President, Japan Securities Depository Center |
| Mark T. Hogan | – Independent consultant – Former General Motors Corporation group vice president |
4) New Board Members
| Name | New Title | Former Title |
| Kiyotaka Ise | Senior managing officer, member of the board | Senior managing officer |
| Koei Saga | Senior managing officer, member of the board | Senior managing officer |
| Shigeki Terashi | Senior managing officer, member of the board | Senior managing officer |
| Yoshimasa Ishii | Member of the board | Advisor |
5) Board Members
| Name | New Title |
| Takeshi Uchiyamada | Chairman of the board (representative director) |
| Akio Toyoda | President, member of the board (representative director) |
| Satoshi Ozawa | Executive vice president, member of the board (representative director) |
| Nobuyori Kodaira | Executive vice president, member of the board (representative director) |
| Mitsuhisa Kato | Executive vice president, member of the board (representative director) |
| Masamoto Maekawa | Executive vice president, member of the board (representative director) |
| Yasumori Ihara | Executive vice president, member of the board (representative director) |
| Seiichi Sudo*1 | Executive vice president, member of the board (representative director) |
| Mamoru Furuhashi | Member of the board |
| Kiyotaka Ise*1 | Senior managing officer, member of the board |
| Koei Saga*1 | Senior managing officer, member of the board |
| Shigeki Terashi*1 | Senior managing officer, member of the board |
| Yoshimasa Ishii*1 | Member of the board |
| Ikuo Uno*2 | Member of the board |
| Haruhiko Kato*2 | Member of the board |
| Mark T. Hogan*2 | Member of the board |
| *1Newly appointed; *2Newly appointed outside board member under Japanese corporate law | |
6) Audit and Supervisory Board Members
| Name |
| Yoichiro Ichimaru (full time) |
| Masaki Nakatsugawa (full time) |
| Masahiro Kato (full time) |
| Yoichi Morishita |
| Akishige Okada |
| Kunihiro Matsuo |
| Yoko Wake |
7) Board Members Resigning Posts
| Fujio Cho | Appointed as honorary chairman |
| Yukitoshi Funo | Appointed as senior advisor to the board |
| Atsushi Niimi | Appointed as senior advisor to the board |
| Shinichi Sasaki | Appointed as senior advisor to the board and senior technical executive |
| Takahiko Ijichi | Appointed as advisor |
2. Organizational Changes
Customer First Promotion Group
The BR Parts Planning Department and the Overseas Parts and Accessories Division have been reorganized into the Parts & Accessories Division.
| Former | New | |
| Customer First Promotion Group | ||
| (BR Parts Planning Department) | ||
| Overseas Parts and Accessories Division | Parts & Accessories Division (reorganized) | |
Purpose
To ensure the steady promotion worldwide of the parts business goals established in the BR Parts Planning Department, namely the goals of building earnings management functions and enhancing product planning, related organizations have been reorganized into the Parts & Accessories Division.
After the above changes, the number of TMC divisions will remain at 232.
