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October 2014

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Toyota announes management changes

Toyota recently announced several management changes, including Tatsuo Matsuura to chief executive officer (CEO) for Toyota Industrial Equipment Manufacturing (TIEM) and Susumu (Sonny) Toyoda to president and chief operating officer (COO) for TIEM.  Both Toyoda and Matsuura also have been named to the TIEM and Toyota Material Handling U.S.A., Inc (TMHU) board of directors, where Matsuura will serve as chairman.

Tatsuo Matsuura also recently assumed the position of executive vice president for Toyota Material Handling Group (TMHG).  In his new roles at TMHG, TIEM and TMHU, Matsuura will be responsible for Toyota's continued leadership in the North America lift truck market, including sales, marketing, manufacturing and distribution.

As president and COO, Toyoda will be responsible for overseeing the U.S. manufacturing facility for Toyota lift trucks in Columbus, Indiana.

"Tatsuo Matsuura's years of experience at Toyota and Sonny Toyoda's production expertise make them the ideal leaders for TIEM," said Tetsuro Toyoda, president of Toyota Industries Corporation (TICO).


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