TOKYO - Fujio Cho, the man who launched Toyota Motor Corp.'s Kentucky assembly operations, will be promoted to executive vice president of the parent company at the annual shareholders meeting in late June, company sources said.
Cho is a senior managing director in charge of government and public relations. His new assignment and those of others receiving promotions have not been announced.
Among other promotions to be announced at the meeting, Toshiaki Taguchi, a director in charge of the Americas, will rise to managing director. In addition, Shuhei Toyoda, the fourth son of former Chairman Eiji Toyoda, will become a director. He is chief engineer of Vehicle Development Center II.
Other new directors include Teruyuki Minoura, executive vice president of Toyota Motor Manufacturing North America Inc.; Toshio Mizushima, president of Toyota Motor Manufacturing (UK) Ltd.; and Takeshi Uchiyamada, chief engineer of Toyota's Prius hybrid car.
Minoura seems likely to replace Mikio Kitano, a director and head of Toyota's Kentucky operations, who is leaving the board of directors.
Also leaving the board: Tatsuro Toyoda, a former Toyota president who resigned from that post in 1995, and Shinji Sakai, onetime head of Toyota Motor Sales U.S.A. Inc.