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Toyota Motor Corp.

appointed former General Motors executive Mark Hogan to its board, installing the first foreigner since 2007 and the first outside director ever in an attempt to breathe fresh perspective into the mammoth Japanese carmaker.

The move is part of a sweeping management overhaul that promotes Takeshi Uchiyamada to chairman, switches out more than a third of the current board and realigns global business units.

Among the changes is the introduction of new regional chiefs, including the first CEO for North America, Jim Lentz.


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Toyota Replaces More Than One Third Of Management - Appoints Former GM Exec To Board In Massive Shakeup

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