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Toyota Replaces Third-Generation Chief Executive Akio Toyoda With Koji Sato

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Toyota said the changes to its executive structure will be effective from April 1. (File)

Tokyo:

Toyota on Thursday named Koji Sato as its new president, CEO, and operating officer, replacing third-generation chief executive Akio Toyoda — who will become board chairman.

The Japanese car giant said the changes to its executive structure will be effective from April 1.

(Except for the headline, this story has not been edited by NDTV staff and is published from a syndicated feed.)

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