Approach’s June, Heads Are Thriving to Rotate In Toyota’s Summit Ranks
Hard financial times at Toyota will be met with swift action when Akio Toyoda takes over as chief executive in June, the Financial Times is reporting. Following the company'. recent full-year loss of $8.6 billion, Toyota is planning to replace 40 percent of its senior management. Toyoda is working to assemble his new team while he waits to be confirmed by . vote of Toyota '. shareholders on June 23…
One of the biggest changes is likely to come here in the …., as FT suggests that Toyota might consolidate its California-based sales operation and its Kentucky-based manufacturing operation under one roof — based in New York.
Yoshimi Inaba, who once led the company'. sales and marketing operations in the …. and China (and who now runs the Nagoya, Japan, airport), will lead the overhaul effort in North America.
Financial Times (sub.req)
