21/01/2013 05:25:00

Toyota to Choose Vice Chairman As Next Chairman

Related content

TOKYO (Nikkei)--Toyota Motor Corp. (7203.TO) appears set to choose Vice Chairman Takeshi Uchiyamada as its next chairman, the Nikkei reported in its Monday evening edition.

Current chairman Fujio Cho, 75, will likely become a senior adviser.

The Japan Business Federation (Keidanren), meanwhile, plans to appoint Uchiyamada as its vice chairman. It wants to replace its current vice chairman, Katsuaki Watanabe, who now serves as a senior adviser to Toyota.

Toyota group firm Daihatsu Motor Co. (7262.TO) plans to select Executive Vice President Masanori Mitsui, 62, as its new president. Hino Motors Ltd. (7205.TO), also a Toyota group firm, plans to choose Executive Vice President Yasuhiko Ichihashi, 60, as president.

Toyota, Daihatsu, and Hino will finalize these changes at board meetings in June.

Toyota's Uchiyamada, 66, previously led the company's technology department and spearheaded the development of Prius hybrid vehicles. He became executive vice president in 2005 and has played a key role in expanding Toyota's product line-up ever since, particularly its selection of hybrids. In 2012, he became vice chairman.

Daihatsu's Mitsui will be the first company president in 21 years to rise through the ranks of the automaker.

Hino's Ichihashi originally worked for Toyota.

(END) Dow Jones Newswires

January 21, 2013 00:25 ET (05:25 GMT)

Post comment

Related debate

  • 1 week
  • 1 month
  • 1 Year
Ingen indlæg

Regulatory news

Form 8.5 (EPT/RI) - Bioquell plc

28/08/2015 07:57:51
FORM 8.5 (EPT/RI) PUBLIC DEALING DISCLOSURE BY AN EXEMPT PRINCIPAL TRADER WITH RECOGNISED INTERMEDIARY STATUS DEALING IN A CLIENT-SERVING CAPACITY..

Form 8.3 - AXA INVESTMENT MANAGERS S.A.:Royal Dutch Shell Plc

27/08/2015 15:03:21
FORM 8.3 PUBLIC OPENING POSITION DISCLOSURE/DEALING DISCLOSURE BY A PERSON WITH INTERESTS IN RELEVANT SECURITIES REPRESENTING 1% OR MORE ..

HSBC Bank Plc : Form 8.5 (EPT/RI) - CHIME COMMUNICATIONS PLC

27/08/2015 11:47:35
FORM 8.5 (EPT/RI) PUBLIC DEALING DISCLOSURE BY AN EXEMPT PRINCIPAL TRADER WITH RECOGNISED INTERMEDIARY STATUS DEALING IN A CLIENT-SERVING CAPACITY ..

Most read news

  • 24 hours
  • 48 hours
  • 1 week
1
Novartis continues commitment to go the last mile in effort to eliminate leprosy
2
Stagecoach Group PLC : Result of AGM
3
ATLANTIS JAPAN GROWTH FUND LD - Subscription Rights Reminder
4
AIR FRANCE - KLM : Availability of the 2015 First Half financial report
5
PR Newswire - End of Day

Related stock quotes

Toyota Motor Corp 120.77 1.0% Stock price increasing
Toyota Motor Y50 7,354.50 2.8% Stock price increasing

Buy and sell signals

  • Trend
  • Moneymachine

Copyright Euroinvestor A/S 2015   Disclaimer and Terms of Use
Quote information is delivered by Interactive Data.
Data is delayed 15-20 minutes according to the distribution agreements set by the different exchanges.
 
29 August 2015 07:05:18
(UTC) Dublin, Edinburgh, Lisbon, London
Version: LiveBranchBuild_20150824.1 - EUROWEB6 - 2015-08-29 08:05:18 - 2015-08-29 07:05:18 - 1000 - Website: OKAY