Toyota has announced a major restructuring of its board, focusing on diversity and enhanced roles for auditors. The board will increase its female representation and the number of outside members. This change comes after past controversies regarding internal controls, with the company seeking fresh perspectives to guide its evolution into a mobility company amidst shifting industry dynamics. Key appointments include experienced executives from within and outside the auto sector, reflecting Toyota's aim to better align with customer needs globally.
The recent restructuring at Toyota aims to integrate more diverse perspectives in leadership, reflecting a strategic response to industry changes and past internal scrutiny.
Toyota is committed to transforming from a conventional automaker to a mobility company, adapting to challenges posed by newer competitors like Tesla and BYD.
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