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Toyota announces changes to the Board of Directors

Toyota

Toyota Motor Corporation announced that it plans to implement changes to the executive structure, effective on the day of Toyota’s 116th Ordinary General Shareholders Meeting.

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The formal appointment of board members and audit and supervisory board members will be made pending approval at the 116th General Shareholders Meeting. There are no scheduled changes to the audit and supervisory board members. The formal assignment of board members with specific titles, and the appointment of board members with the legal status to represent Toyota, will be made at the board of directors meeting following the 116th General Shareholders Meeting.

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James Kuffner, the current chief executive officer, will join as a member of the board of directors, replacing Didier Leroy. The resignation of board members leaving their current posts will become official on the day of the 116th General Shareholders Meeting.

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