As expected, Toyota (TM) is overhauling its management for the second year in a row, promoting...

|About: Toyota Motor Corporation (TM)|By:, SA News Editor

As expected, Toyota (TM) is overhauling its management for the second year in a row, promoting Vice Chairman Takeshi Uchiyamada to replace Fujio Cho as Chairman. Three out seven VPs will step down and two will be brought in, while the company has also named outside directors for the first time in its history, adding three to the board. Toyota is revamping the management at its Americas operations as well. (PR)