12 Facts About Akio Toyoda

Akio Toyoda is a Japanese business executive who is the chairman of Toyota Motor Corporation.

Akio Toyoda was previously the company's president and chief executive officer.

On 1 April 2023, Akio Toyoda stepped down as Toyota president and became chairman of the board.

Akio Toyoda was born 3 May 1956, in Nagoya, to Shoichiro Toyoda and Hiroko.

Akio Toyoda was the chief contender for the family business when Katsuaki Watanabe was reassigned as Vice-Chairman in the wake of the quality control crisis.

Akio Toyoda completed his undergraduate degree in law at Keio University and was awarded his Masters of Finance at Babson College, Massachusetts.

In 2005, Akio Toyoda was promoted to the position of executive vice president.

In January 2009, it was announced that Akio Toyoda was chosen as the forthcoming president of the company.

In 2016, Akio Toyoda approved the project that would result in the GR Yaris; during the development of that car, Akio Toyoda served as a test driver.

Akio Toyoda focused on three key issues: Toyota's basic philosophy regarding quality control, the cause of the recalls, and "how we will manage quality control going forward".

On 24 February 2010, accompanied by president and COO of Toyota Motor North America, Yoshimi Inaba, Akio Toyoda testified before the House of Representatives' Oversight and Government Reform Committee.

Also in 2023, Akio Toyoda stepped down from his role as CEO to become chairman.