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Toyota exec steps down after arrest

Jul. 01, 2015 4:27 AM ETToyota Motor Corporation (TM) StockTMBy: Yoel Minkoff, SA News Editor4 Comments
  • Toyota's (NYSE:TM) first first female managing officer has resigned following her arrest last month on suspicion of illegally importing the painkiller oxycodone into Japan.
  • In April, Julie Hamp was appointed the company’s chief communications officer as part of a drive to diversify Toyota's male-dominated, mostly Japanese executive line-up.
  • The automaker accepted the resignation offer after "considering the concerns and inconvenience recent events have caused our stakeholders."
  • Previously: Damage control at Toyota over arrest of top exec (Jun. 23 2015)

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