Toyota News Ceo

Akio Toyoda, the CEO of Toyota who has been under some fire lately for his company's slow adoption of all-electric vehicles, will step down as chief executive April 1, replaced by the current head. Toyota's longtime president and CEO Akio Toyoda is stepping down and handing over the reins of the world's largest automaker to Lexus chief Koji Sato. The Japanese company announced the shakeup Thursday, saying that Toyoda would be appointed chairman of the board as Sato takes over daily management.

Takeshi Uchiyamada, Toyota's current chairman, will resign from his post but remain on. News Car Tech Manufacturing Toyota CEO Akio Toyoda Steps Down, To Be Replaced by Lexus Boss Toyoda, grandson of Toyota founder Kiichiro Toyoda, has been at the helm of the global automaker for 14. PLANO, Texas (Aug.

12, 2025) - Toyota Motor North America (TMNA) today announced executive changes designed to drive continued growth, advance its commitment to vehicle electrification and prepare for the future of mobility. Retirement Mike Sweers, executive vice president, TMNA, Research and Development, and chief technology officer, will retire effective September 12. He is responsible for.

Toyota is tweaking its executive structure and board of directors. Most notably, Akio Toyoda will no longer be the automaker's chief executive officer. Toyota's longtime president and CEO Akio Toyoda is stepping down and handing over the reins of the world's largest automaker to Lexus chief Koji Sato.

Toyota Motor 's president and chief executive, Akio Toyoda, will step down from his post on April 1, to be succeeded by current Chief Branding Officer Koji Sato, the Japanese automaker said. Toyota is one of the biggest names in the automotive industry. With such a big name to uphold, there needs to be a CEO that is best equipped to push the company forward.

Akio Toyoda has been the head of the company since 2009 and is the grandson of the company's founder. Over the past few years, Toyota has slowly adopted the new industry demand for electric vehicles. Thankfully for Toyota.

Koji Sato will be Toyota's next president and CEO, as Akio Toyoda, grandson of the company's founder, steps up to become chairman. A version of this article appears in print on Jan. 27, 2023, Section B, Page 8 of the New York edition with the headline: Toyota Will Make a Change at the Top as a Toyoda Prepares to Step Aside.