Discussion on Toyota Motor Corporation-Free-Samples-Myassignment

Question: Who is the CEO of the TMC ? How long has he/she been CEO? Answer: Akio Toyoda (CEO of TMC) (Source: Toyota, 2017) Introduction Toyota Motor Corporation (TMC) is the listed Japanese Company (TM: NYSE) engaged in production and sales of motor vehicles, accessories and spare parts. TMC was founded in August 28, 1937. CEO of TMC Akio Toyoda was born in May 3, 1956. He is 61 years old. He joined the company in April 1984 (Toyota, 2017). Initially he has posted in every automotive operation both in and outside Japan and in June 2000 he became the member of the Board of directors. After that in June 2002, he became the Managing Director and June 2003 he positioned as a senior Managing Director. Further in January 2005, he became the chief officer of both China operations Group and Asia, Oceania and Middle East operations group. Then in June 2005, he became the Executive Vice President where he has the responsibility for maintaining quality, purchase, sales and operations department both for Japan and Overseas. Then since June 2009, Akio Toyoda is the CEO/President of TMC. Family Run Company Toyota Motor Corporation is the Family run company because Akio Toyoda is the grandson of the founder of TMC. He is the part of the Organization from the date of foundation of TMC (Bloomberg, 2017). Total Communication Total calculated remuneration earned by Akio Toyoda during Fiscal year 2016 was 351 million (Form 20-F, 2016) which included 102 million in base compensation and 248 million in bonus. Equity Owned by CEO Akio Toyoda also owned 4, 650, 275 common shares during fiscal year 2016. References Toyota, 2017, Akio Toyoda, viewed on 6 August 2017 from https://toyotanews.pressroom.toyota.com/article_display.cfm?article_id=2280. Bloomberg, 2017, Toyota Motor Corp (7203: Tokyo), viewed on 6 August 2017 from https://www.bloomberg.com/research/stocks/people/person.asp?personId=1828739privcapId=319676. Toyota Global Newsroom, 2017, Akio Toyoda, viewed on 6 August 2017 from https://newsroom.toyota.co.jp/en/detail/1438260/. Form 20-F, 2016, Toyota Motor Corporation, viewed on 6 August 2017 from https://www.toyota-global.com/pages/contents/investors/ir_library/sec/pdf/20-F_201603_final.pdf.