{"id":3835,"date":"2023-01-28T14:00:09","date_gmt":"2023-01-28T14:00:09","guid":{"rendered":"https:\/\/entertainment.runfyers.com\/index.php\/2023\/01\/28\/toyotas-surprise-executive-shakeup-may-disappoint-investors\/"},"modified":"2023-01-28T14:00:09","modified_gmt":"2023-01-28T14:00:09","slug":"toyotas-surprise-executive-shakeup-may-disappoint-investors","status":"publish","type":"post","link":"https:\/\/entertainment.runfyers.com\/index.php\/2023\/01\/28\/toyotas-surprise-executive-shakeup-may-disappoint-investors\/","title":{"rendered":"Toyota\u2019s surprise executive shakeup may disappoint investors"},"content":{"rendered":"<p> <br \/>\n<\/p>\n<div id=\"\">\n<div class=\"article__featured-image-wrapper breakout\">\n\t\t\t\n\t\t<\/div>\n<\/p><\/div>\n<div>\n<p id=\"speakable-summary\"><span class=\"featured__span-first-words\">Toyota\u2019s president, Akio<\/span> Toyoda, surprised the automotive world this week by <a href=\"https:\/\/www.reuters.com\/business\/autos-transportation\/toyota-president-akio-toyoda-become-chairman-2023-01-26\/\" target=\"_blank\" rel=\"noopener\">announcing<\/a> he would resign his position and hand the reins over to Koji Sato, who currently helms the company\u2019s Lexus and Gazoo Racing divisions.<\/p>\n<p>But Toyoda isn\u2019t going far. The 66-year-old isn\u2019t retiring outright, but instead retiring to the boardroom, where he\u2019ll take over the role of chair.<\/p>\n<p>Insiders aren\u2019t expecting Toyoda to be hands-off, either. One executive said that Toyoda was about to embark on a period of \u201ccloister rule,\u201d a period in Japan\u2019s history where the emperor retired to a monastery without actually ceding power.<\/p>\n<p>If that\u2019s the case, then the shakeup in Toyota City might not be much of a shakeup at all.<\/p>\n<\/p><\/div>\n<p><br \/>\n<br \/><a href=\"https:\/\/techcrunch.com\/2023\/01\/28\/toyotas-surprise-executive-shakeup-may-disappoint-investors\/\" target=\"_blank\" rel=\"noopener\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Toyota\u2019s president, Akio Toyoda, surprised the automotive world this week by announcing he would resign his position and hand the reins over to Koji Sato, who currently helms the company\u2019s Lexus and Gazoo Racing divisions. But Toyoda isn\u2019t going far. The 66-year-old isn\u2019t retiring outright, but instead retiring to the boardroom, where he\u2019ll take over [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":3836,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[14],"tags":[],"class_list":{"0":"post-3835","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-tech"},"_links":{"self":[{"href":"https:\/\/entertainment.runfyers.com\/index.php\/wp-json\/wp\/v2\/posts\/3835","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/entertainment.runfyers.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/entertainment.runfyers.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/entertainment.runfyers.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/entertainment.runfyers.com\/index.php\/wp-json\/wp\/v2\/comments?post=3835"}],"version-history":[{"count":0,"href":"https:\/\/entertainment.runfyers.com\/index.php\/wp-json\/wp\/v2\/posts\/3835\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/entertainment.runfyers.com\/index.php\/wp-json\/wp\/v2\/media\/3836"}],"wp:attachment":[{"href":"https:\/\/entertainment.runfyers.com\/index.php\/wp-json\/wp\/v2\/media?parent=3835"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/entertainment.runfyers.com\/index.php\/wp-json\/wp\/v2\/categories?post=3835"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/entertainment.runfyers.com\/index.php\/wp-json\/wp\/v2\/tags?post=3835"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}