Toyota to Name Press as a Director

Toyota to name first foreign director [the broken link was removed]:

Toyota Motor Corp., seeking to add an international flavor to its management, will appoint a foreign national to its board of directors for the first time, sources said Tuesday.

The promotion of Press, 60, who also serves as Toyota’s managing officer, will be voted on at a shareholders meeting in June, the sources said.

But currently, all 25 board members of the parent company are Japanese. Only four of the 49 managing officers in charge of conducting operations under the directors are non-Japanese, including Press.

He became president of Toyota Motor North America Inc. in May 2006, and has since been in charge of directing Toyota’s North American operations.

Related: Toyota Production System postsToyota Institute for Managers

Update:
Toyota names US head as first foreign director [the broken link was removed]:

Toyota Motor Corp. Thursday named the head of its fast-growing North American operations as its first foreign director, reflecting the expanding global reach of Japan’s largest automaker.

American Jim Press, 60, who has steered Toyota through a phase of rapid expansion in the world’s largest auto market, will join the board along with eight new Japanese directors, subject to shareholder approval in June.

This entry was posted in Management, Toyota Production System (TPS) and tagged . Bookmark the permalink.