ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon PrintIcon Twitter

Toyota scraps vice president post as part of successor search

Chief Akio Toyoda eager for more face time with younger execs

Toyota President Akio Toyoda, posing here with the automaker's racing team.   © Reuters

NAGOYA, Japan -- Toyota Motor will streamline its top management as President Akio Toyoda seeks more opportunities to communicate with younger executives who could one day succeed him.

Japan's top automaker said Tuesday that it will abolish the title of executive vice president April 1, reclassifying all holders as operating officers. The company now has six executive vice presidents.

Sponsored Content

About Sponsored Content This content was commissioned by Nikkei's Global Business Bureau.

Discover the all new Nikkei Asia app

  • Take your reading anywhere with offline reading functions
  • Never miss a story with breaking news alerts
  • Customize your reading experience

Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.

Celebrate our next chapter
Free access for everyone - Sep. 30

Find out more