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Kenta Kon Appointed New CEO of Toyota Motor, Replaces Koji Sato
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Toyota Motor Appoints Kenta Kon as New CEO, Replaces Koji Sato Amid Shake-Up
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Storyboard
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06-02-2026, 18:45
Toyota Motor Appoints Kenta Kon as New CEO, Replaces Koji Sato Amid Shake-Up
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Kenta Kon, current CFO, will become Toyota Motor's new CEO and President in April, replacing Koji Sato.
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Koji Sato will transition to vice chairman and chief industry officer, focusing on broader industry engagement.
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The management change aims to speed up decision-making amidst rapid disruption in global mobility.
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Kon is seen as the strategist behind the controversial Toyota Industries buyout, facing transparency concerns.
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Despite a 43% drop in Q3 profit, Toyota raised its full-year profit outlook, with shares rising 2% after the announcement.
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