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Live2026-08-20 17:30 UTC+38 todayUpdated

Toyota Announces Board and Executive Changes, Kenta Kon Becomes President

Toyota Motor Corporation appointed Kenta Kon as President and CEO, and announced a reshuffled board and executive structure at its annual shareholders meeting.

New President
Kenta Kon
Outgoing Vice Chairman
Koji Sato becomes Vice Chairman

What Happened

Toyota Motor Corporation (TMC) held its Ordinary General Shareholders' Meeting on June 17, 2026, where it assigned new members to the board of directors and appointed representative directors. Following the meeting, the board approved executive appointments, effective the same day. Kenta Kon, previously President and Chief Operating Officer, was appointed President, Member of the Board of Directors, and Representative Director, succeeding Koji Sato, who became Vice Chairman and Chief Industry Officer.

Key Board and Executive Changes
  • Akio Toyoda remains Chairman of the Board of Directors (Representative Director).
  • Koji Sato moves from Representative Director and Vice Chairman to Vice Chairman and Chief Industry Officer.
  • New board member Kenta Kon becomes President and CEO.
  • Outside independent directors Shigeaki Okamoto and Kumi Fujisawa continue on the board.
  • Executive Fellow Mitsuru Kawai is outgoing effective June 17.

The company also detailed organizational structures effective July 1, 2026, including in-house companies, regions, and business groups. Key executives include Hiroki Nakajima as Executive Vice President and Chief Technology Officer, and Yoichi Miyazaki as Executive Vice President and Chief Financial Officer. The reshuffle aims to support Toyota's transformation into a mobility company.

Why this matters

The changes signal Toyota's strategic direction under new leadership, affecting its global operations and future mobility plans.

Terms in This Story

Representative Director
A board member authorized to represent the company and execute its business decisions.
Outside Director
A director who is not an executive of the company, intended to provide independent oversight.
Read Original: Toyota

Summarised from the linked release; details can be imperfect — always verify against the original source.