This is the latest step in a series of structural reforms of Toyota, which is working to simplify its business in order to compete with competitors more flexibly in electrification, autonomous driving and other new technologies. It is worth mentioning that the cancellation of the post of vice president is the first time since 1982 implemented the new system of production and marketing merger.
It is reported that the six cancelled vice presidents will be unified as executive directors, and four of them will continue to hold their existing positions without the title of vice president. The executive directors will be given the same management authority, and the positions of CFO and CEO in each regional market will perform their respective duties.
Japanese media believe that Akio Toyoda's move is aimed at the next generation of successors. Akio Toyoda himself said that it is necessary for him to communicate directly with the next generation of outstanding talents, and by further reducing the number of management, he will increase the time and opportunities for direct communication with the next level of executives.
Most of the organizational changes and supervisors announced on that day will take effect on April 1. Toyota has appointed Kenta, CEO of the accounting department. Jin Min is the next CFO of Toyota Motor Corporation. He will officially take over as the company's second-in-command in April this year, and the current chief financial officer Kenji Kobayashi will continue to serve as the company's chief risk officer.
In addition, Didier, the only foreign management in Toyota history and the current vice president? Leroy will resign, and he will continue to serve as the president of the European Council and serve as a director of Toyota until June this year. At the same time, the position of executive director of Yoshida Kobayashi, vice president, will also step down.
Toyota once carried out a high-level structural adjustment on 20 1 1, reducing the number of directors from 27 to 1 1, and has been promoting the slimming of the management organization ever since. From 20 19 to 1, Akio Toyoda is the managing director in a subordinate enterprise and the managing director in the technical field, and his position is related to welfare.
Text/North Shore
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