TOKYO (AP) — Mark Hogan, a former General Motors Co. executive tapped to join the Toyota board, sees his appointment as a sign of change at the Japanese automaker and hopes he'll play a role in the company becoming less insular and quicker in decision making.
Hogan's appointment, announced in March and approved by shareholders last month, is the first time in Toyota's 76-year history that it has appointed a director from outside the company.
His arrival underlines efforts at Toyota Motor Corp. under President Akio Toyoda to become more international, transparent and nimble in regional markets, as it recovers from recent difficult years including a massive recall fiasco in the U.S.
Created: Tue, 23 Jul 2013 07:15:54 EST
Updated: Tue, 23 Jul 2013 07:15:54 EST