Toyota Motor Corporation has announced that Kenta Kon, the company’s current Chief Financial Officer, will become its new Chief Executive Officer starting April 1, 2026. He will succeed Koji Sato, who will transition to a position on the board of directors.
The leadership change is part of Toyota’s planned executive succession strategy, with Kon moving from finance to lead the overall operations of the automaker.
**Why this matters**
This appointment signals Toyota’s focus on financial expertise at the highest level amid a rapidly evolving automotive industry. The transition also reflects the company’s approach to long-term leadership planning and governance.
Source: NewsData