Toyota Motor Says CEO Koji Sato To Step Down

Reuters

02/06

Feb 6 (Reuters) - Toyota Motor Corp <7203.T>::
*TOYOTA: CHANGE OF REPRESENTATIVE DIRECTORS
*TOYOTA: PRESIDENT AND CEO KOJI SATO TO STEP DOWN
*TOYOTA: KENTA KON TO BECOME NEW PRESIDENT AND CEO
*TOYOTA: SATO TO BECOME VICE CHAIRMAN AND CHIEF INDUSTRY OFFICER
*TOYOTA: SATO WILL FOCUS ON THE BROADER INDUSTRY, INCLUDING TOYOTA, AS VICE CHAIRMAN AND CIO, WHILE KON WILL FOCUS ON INTERNAL COMPANY MANAGEMENT AS PRESIDENT AND CEO
*TOYOTA: THIS CHANGE IN ROLES IS INTENDED TO ACCELERATE MANAGEMENT DECISION-MAKING IN RESPONSE TO CHANGESIN THE INTERNAL AND EXTERNAL ENVIRONMENT
*TOYOTA: CHANGES ARE EFFECTIVE DATE OF 122ND ANNUAL GENERAL MEETING

((Reuters Investor Briefs; email: reutersinvestor.briefs@thomsonreuters.com))
Source Date/Time = 06-FEB-202605:03:47 GMT

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