Akio Toyoda

Quick Facts

Full Name	Akio Toyoda
Occupation	Chief Executive Officer
Date Of Birth	May 3, 1956(1956-05-03)
Age	68
Birthplace	Nagoya
Country	Japan
Birth City	Nagoya
Horoscope	Gemini

Akio Toyoda Biography

Akio Toyoda is one of the most popular and richest Chief Executive Officer who was born on May 3, 1956 in Nagoya, Nagoya, Japan. Toyoda is the great-grandson of the founder of Toyoda Automatic Loomworks, Sakichi Toyoda, and grandson of Toyota Motor Corporation founder Kiichiro Toyoda. He was born 3 May 1956, in Nagoya to Shoichiro Toyoda and Hiroko née Mitsui. Toyoda’s family line have long dominated the upper management of the family businesses since the days his carpenter-farmer great-great-grandfather, Ikichi Toyoda, taught his son fabrication and carpentry. Akio Toyoda was the chief contender for the family business when Katsuaki Watanabe was reassigned as Vice-Chairman in the wake of the quality control crisis.

Grandson of the company founder, in 2000, Toyoda joined Toyota’s board of directors. In 2005, Toyoda was promoted to the position of executive vice president. In January 2009, it was announced that Toyoda was chosen as the forthcoming president of the company. On 23 June 2009, he was confirmed as the new president, along with four new executive vice presidents and eight new board members. The previous president and CEO Katsuaki Watanabe became vice chairman, replacing Katsuhiro Nakagawa.

In 2012, he was named Autocar’s Man of the Year.

As an avid auto racing fan and driver himself, Toyoda has promoted sports models like the Lexus IS-F and Lexus LF-A at auto races. He has participated as a driver at events like the 2009 24 Hours Nürburgring race employing the pseudonym Morizo Kinoshita. In 2009, he reached the 87th position overall and the fourth position in his class with his LF-A Prototype No. 14.

Akio Toyoda Net Worth

Akio Toyoda is one of the richest Chief Executive Officer from Japan. According to our analysis, Wikipedia, Forbes & Business Insider, Akio Toyoda 's net worth $5 Million. (Last Update: December 11, 2023)

Akio Toyoda (豊田章男 , Toyoda Akio, born 3 May 1956) is a Japanese business executive and the current president of Toyota Motor Corporation. He is the great grandson of the Japanese industrialist Sakichi Toyoda, and the grandson of both the founder of Toyota Motors Kiichiro Toyoda and the founder of the Takashimaya department stores corporation Shinshichi Iida.

Toyoda completed his undergraduate work in law at Keio University in Japan and was awarded his Masters of Finance at Babson College in Massachusetts. He would join the family business in 1984.

In the wake of massive global recalls ballooning to 8.5 million vehicles, Toyoda was invited to testify before the U.S. Congress on 17 February 2010, which he accepted. A week later, he issued a prepared statement to the Congress. He focused on three key issues: Toyota’s basic philosophy regarding quality control, the cause of the recalls, and “how we will manage quality control going forward”. On 24 February 2010, accompanied by president and COO of Toyota Motor North America, Yoshimi Inaba, Toyoda testified before the House of Representatives’ Oversight and Government Reform Committee. As the scion of a family world renown for their contributions to automated manufacturing, the quality control crises personally affected the former Massachusetts student, Toyoda. In his comments he is quoted as being “deeply sorry” and highlighted the relations between Toyota vehicles in the United States and Americans for fifty years.

Height, Weight & Body Measurements

Akio Toyoda height Not available right now. Akio weight Not Known & body measurements will update soon.

Who is Akio Toyoda Dating?

According to our records, Akio Toyoda is possibily single & has not been previously engaged. As of December 1, 2023, Akio Toyoda’s is not dating anyone.

Relationships Record : We have no records of past relationships for Akio Toyoda. You may help us to build the dating records for Akio Toyoda!

Facts & Trivia

Akio Ranked on the list of most popular Chief Executive Officer. Also ranked in the elit list of famous people born in Japan. Akio Toyoda celebrates birthday on May 3 of every year.

How rich is the Toyoda family?

Akio Toyoda Net Worth: Akio Toyoda is the president and CEO of Toyota Motor Corporation who has a net worth of $1 billion. Akio Toyoda has accumulated his net worth through his years with the Toyota Motor Corporation.

Is Akio Toyoda a good CEO?

Toyota President Akio Toyoda Honored as the 2021 World Car Person of the Year. Akio Toyoda, President and CEO of Toyota Motor Corporation (TMC) is the 2021 World Car Person of the Year. The honor was bestowed by the World Car Awards jury, a panel of more than 90 distinguished international journalists.

Does the Toyoda family still own Toyota?

The last family member to lead the company was his uncle, Tatsuro Toyoda, who stepped down in 1995. Mr. Toyoda will take over as the company vies with General Motors to become the world’s largest automaker but also struggles to overcome the sudden and steep drop in the global market.

How much does the CEO of Toyota make?

The Japanese auto giant paid its chief Akio Toyoda a total of 184 million yen (US$1.86 million) in salary and bonuses, according to a filing from Japan’s Financial Services Agency on Tuesday. Toyoda’s remuneration also includes dividends from shares he owns in the company, which was founded by his great-grandfather.

Who is the CEO of Toyota?

Akio Toyoda (Jun 23, 2009–)