Kenta Kon, the numbers man who will hold the position for Toyota's heir
Kenta Kon has been appointed as the new CEO of Toyota, succeeding Koji Sato, amid tightening margins and an unpredictable geopolitical landscape.
Toyota's announcement surprised the automotive industry – The new CEO is leaving his position
Toyota's new CEO Koji Sato is transitioning to a new role as Vice Chairman and Industrial Executive, while Kenta Kon takes over focusing on internal leadership amidst pressing industry challenges.
Toyota appoints Kenta Kon as new CEO after profit drop
Toyota has reported a 43% drop in quarterly profits and announced that its CFO, Kenta Kon, will become its new CEO and president, replacing Koji Sato in April, pending shareholder approval in June.
Toyota CEO Koji Sato steps down to become vice chairman
Toyota's CEO Koji Sato is stepping down after three years to become vice chairman, replaced by CFO Kenta Kon amid scrutiny over the company's management changes.