News Releases

Notice Concerning Changes in Executive Management

[Translation]

The Board of Directors of Toyota Industries Corporation (President: Akira Onishi; "Toyota Industries") resolved at a meeting held on April 30, 2020 to make changes in Executive Management. The changes will be effective as of June 9, 2020.
Meanwhile, Directors and Audit and Supervisory Board Members will be officially appointed following resolutions at the 142nd Ordinary General Meeting of Shareholders and the Board of Directors meeting held on June 9, 2020.

Ⅰ. Changes in Executive Management

1.Change of Director

1) Retiring Director

Name
Taku Yamamoto

2.Change of Audit and Supervisory Board Members

1) New Audit and Supervisory Board Members

NameCurrent title
[Full-Time] Toru Watanabe Project General Manager
Accounting & Finance Dept.,
Corporate Headquarters
[Substitute] Hitoshi Furusawa Attorney

2) Retiring Audit and Supervisory Board Members

Name
[Full-Time] Toshifumi Ogawa
[Substitute] Jun Takeuchi

3. Change of Senior Executive Officers

1) New Senior Executive Officers

NameCurrent title
Masanori Shirahama Executive Officer
Toshihiko Shimizu Executive Officer
Yasushi Kawai Executive Officer
Brett Wood President & CEO,
Toyota Material Handling
North America, Inc.
Hiroshi Matsumoto Executive Officer
Kota Otoshi Executive Officer
Kazunari Masuoka Executive Officer

2) Retiring Senior Executive Officers

Name
Toshifumi Onishi
Taku Yamamoto
Keiichi Fukunaga

Ⅱ.New Executive Management Structure

1. Board of Directors < *1 Representative Directors >

NameTitle
*1 Tetsuro Toyoda Chairman of the Board
*1 Akira Onishi President, Member of the Board
*1 Kazue Sasaki Executive Vice President, Member of the Board
*1 Takuo Sasaki Executive Vice President, Member of the Board
Yojiro Mizuno Director, Member of the Board
Yuji Ishizaki Director, Member of the Board
Shuzo Sumi Outside, Independent Director, Member of the Board
Kenichiro Yamanishi Outside, Independent Director, Member of the Board
Mitsuhisa Kato Outside Director, Member of the Board

2. Audit and Supervisory Board Members < *2 newly appointed >

NameTitle
Shinya Furukawa Full-Time Audit and Supervisory Board Member
*2 Toru Watanabe Full-Time Audit and Supervisory Board Member
Akihisa Mizuno Outside, Independent Audit and Supervisory Board Member
Masanao Tomozoe Outside, Independent Audit and Supervisory Board Member
*2 Hitoshi Furusawa Substitute Audit and Supervisory Board Member

3. Senior Executive Officers < *3 newly appointed >

NameTitle
Yojiro Mizuno Senior Executive Officer, Member of the Board
Yuji Ishizaki Senior Executive Officer, Member of the Board
Masahiro Kawaguchi Senior Executive Officer
Koichi Ito Senior Executive Officer
*3 Masanori Shirahama Senior Executive Officer
*3 Toshihiko Shimizu Senior Executive Officer
*3 Yasushi Kawai Senior Executive Officer
*3 Brett Wood Senior Executive Officer
*3 Hiroshi Matsumoto Senior Executive Officer
*3 Kota Otoshi Senior Executive Officer
*3 Kazunari Masuoka Senior Executive Officer

Ⅲ.Change of Executive Officers

1.New Executive Officers

NameCurrent title
Sotaro Kumazawa General Manager
Product Development Dept.,
Vehicle Division
Haruhiko Kimata General Manager
Production Engineering Dept.,
TOYOTA Material Handling Company
Hiroshi Kobayashi Associate Managing Officer,
General Manager
Quality Assurance Dept.,
TOYOTA Material Handling Company
Ken Suito President,
Toyota Industries Compressor Parts America, Co.
Takehiko Oishi General Manager
Purchasing Dept.,
Corporate Headquarters

2. Retiring Executive Officers

Name
Mikihiko Okamoto
Keizo Hara

Ⅳ.Change of Senior Technical Executives

1. Retiring Senior Technical Executives

Name
Junichi Harada
Takashi Ito

News Releases 2020