Toyota's new executive structure June 9 22:35 June 30
Toyota Motor Corporation has decided on a new executive structure that will reduce the number of executive officers to nine, which is less than half the current number, on the 1st. This is to clarify the role of executive officers in promoting management with an eye on the entire company.
According to the announcement, Toyota will reduce the number of executive officers from the previous 23 to less than half on the first day, to 9 including the president Akio Toyota.
This is to clarify the role of executive officers in working closely with top management and advancing management from the perspective of the company as a whole.
Corporate officers and other executive officers who have previously served concurrently as executive officers will be merged into executive officer positions, which are in front of the executive officers.
As the automobile industry is exposed to major changes in the environment such as autonomous driving and electrification, the company intends to change the members of executive officers and executive positions in response to management issues.
Toyota has been working to streamline its management structure by reducing the number of directors, which used to be 20 or more, from nine to nine.
In domestic companies, Panasonic also reviewed the role of executive officers last year and reduced the number to about one-third.