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Experience life in full drive with Metrobank’s new Toyota Platinum Card
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Toyota PH to offer free pre-Holy Week vehicle checkup
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Toyota CEO and President Akio Toyoda to step down
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Key FactsToyota appoints Lexus CEO as CEO, promoting Akio Toyoda to chairman.
Apr 11, 2023 · Reading time: ~30 sec.
Summary created with AI assistance
  • Toyoda, 66, took over as CEO in 2009 and oversaw Toyota's rise to become the world's largest automaker.

  • Toyoda will step down as president and CEO on April 1 to become chairman, the company announced on Thursday.

  • Takeshi Uchiyamada, representative director, will relinquish his chairmanship.

  • Toyoda explained that he is passing the torch to the younger generation because Uchiyamada has decided to step down from his position.
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