TOKYO (AP) – Toyota has announced plans to restructure the Board of Directors on Tuesday in what he described as an attempt to bring more diverse views and give greater roles to the auditors.
Among the six dates, Christopher Reynolds, is now an executive official in North America. As a lawyer and a Ford worker, it brings experience in human resources and risk management, according to Toyota.
The number of women in the Board of Directors consisting of 10 people from one to two will grow with the appointments of Kumi Fujisawa, an independent external and businessman, and Herome Osada, a former Toyota auditor. George Olcot, who was previously audited, will join the Board of Directors.
The number of external members will increase from four to five.
Takanori Azoma, Human Resources Officer in Toyota, said the new council includes auditors for the first time.
The internal controls of the company were scrutinized because they confessed to deception in certification tests for seven vehicle models last year.
Azuma said the additions are designed to bring various views to lead them as “weapons to stay” in a changing environment.
He said: “It will be a mistake to assume that what we think internally will be what our customers and people around the world can sympathize with.”
The luxury Camry Sedan and Lexus model is trying to turn itself into what it calls the “mobility company” as the auto industry is subject to radical changes including the arrival of strong new arrivals such as Tesla and BYD.
The Chairman of the Board of Directors, Akio Toyua, will remain from the company's founding family, and the position of CEO Koji Sato will remain unchanged.
The company will request the approval of the new council at a general meeting of shareholders later this year.
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