STOCK TITAN

Toyota Motor North America Announces New Leadership Structure

Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Neutral)
Tags

Toyota Motor North America (TMNA) announced new executive leadership changes to drive growth, enhance commitment to vehicle electrification, and prepare for future mobility. Jack Hollis becomes COO overseeing Sales, Marketing, Manufacturing, and more. Chris Reynolds assumes the role of chief strategy officer focusing on long-term growth and innovation.

Toyota Motor North America (TMNA) ha annunciato nuovi cambiamenti nella leadership esecutiva per promuovere la crescita, rafforzare l'impegno verso l'elettrificazione dei veicoli e prepararsi per la mobilità futura. Jack Hollis diventerà il COO responsabile di Vendite, Marketing, Produzione e altro. Chris Reynolds assumerà il ruolo di direttore della strategia, concentrato sulla crescita a lungo termine e sull'innovazione.
Toyota Motor North America (TMNA) anunció cambios en su liderazgo ejecutivo para impulsar el crecimiento, fortalecer el compromiso con la electrificación de vehículos y prepararse para la movilidad del futuro. Jack Hollis se convierte en el COO supervisando Ventas, Marketing, Fabricación y más. Chris Reynolds asume el papel de director de estrategia, enfocado en el crecimiento a largo plazo y la innovación.
도요타 모터 노스 아메리카(TMNA)가 성장을 촉진하고 차량 전기화에 대한 약속을 강화하며 미래 모빌리티에 대비하기 위해 새로운 경영진 변화를 발표했습니다. 잭 홀리스는 판매, 마케팅, 제조 등을 감독하는 COO가 됩니다. 크리스 레이놀즈는 장기 성장과 혁신에 집중하는 최고 전략 책임자 역할을 맡게 됩니다.
Toyota Motor North America (TMNA) a annoncé de nouveaux changements dans sa direction exécutive pour stimuler la croissance, renforcer l'engagement envers l'électrification des véhicules et se préparer à la mobilité future. Jack Hollis devient le COO, supervisant les Ventes, le Marketing, la Fabrication, et plus encore. Chris Reynolds assume le rôle de directeur de la stratégie, se concentrant sur la croissance à long terme et l'innovation.
Toyota Motor North America (TMNA) gab neue Führungswechsel bekannt, um Wachstum zu fördern, das Engagement für die Elektrifizierung von Fahrzeugen zu verstärken und sich auf zukünftige Mobilität vorzubereiten. Jack Hollis wird als COO die Bereiche Vertrieb, Marketing, Produktion und mehr überwachen. Chris Reynolds übernimmt die Rolle des Chief Strategy Officer, der sich auf langfristiges Wachstum und Innovation konzentriert.
Positive
  • Toyota Motor North America (TMNA) is strategically restructuring its leadership to drive growth and innovation.

  • Jack Hollis taking on the role of COO will streamline company functions and enhance customer experience.

  • Chris Reynolds' new role as chief strategy officer aims to develop long-term growth strategies and drive innovation for sustainability.

Negative
  • None.

PLANO, Texas, April 30, 2024 /PRNewswire/ -- Toyota Motor North America (TMNA) today announced executive leadership changes designed to drive continued growth, advance our commitment to vehicle electrification, and prepare for the future of mobility. Jack Hollis and Chris Reynolds are assigned new roles and will continue to report to Ted Ogawa, chief executive officer, TMNA. The following changes are effective immediately.

New Assignments:

Jack Hollis, executive vice president of TMNA adds the role of chief operating officer, TMNA reporting to Ted Ogawa, chief executive officer. In this newly created position, Hollis continues to oversee Sales, Marketing, TRD, Product Planning and Customer Service while adding responsibility for Manufacturing, Product Support and Demand and Supply. The new role consolidates several companywide functions into a more responsive reporting structure focused on the customer experience, operational efficiency, revenue generation and vehicle production.

Chris Reynolds, executive vice president of TMNA adds the role of chief strategy officer, TMNA reporting to Ted Ogawa. In this newly created position, Reynolds continues to oversee Strategy and Business Development, Human Resources, Information Technology, Connected Technologies, Legal, Social Innovation/Diversity & Inclusion and Sustainability & Regulatory Affairs while adding responsibility for Research and Development. The new role is responsible for developing long-term strategies for growth and driving innovation that improves mobility and reduces the company's carbon footprint.

About Toyota
Toyota (NYSE:TM) has been a part of the cultural fabric in North America for more than 65 years, and is committed to advancing sustainable, next-generation mobility through our Toyota and Lexus brands, plus our more than 1,800 dealerships.   

Toyota directly employs more than 63,000 people in North America who have contributed to the design, engineering, and assembly of nearly 47 million cars and trucks at our 13 manufacturing plants. By 2025, Toyota's 14th plant in North Carolina will begin to manufacture automotive batteries for electrified vehicles. With more electrified vehicles on the road than any other automaker, Toyota currently offers 27 electrified options. 

For more information about Toyota, visit www.ToyotaNewsroom.com

Media Contact: 
Ed Hellwig
469-292-1165
edward.hellwig@toyota.com

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/toyota-motor-north-america-announces-new-leadership-structure-302132168.html

SOURCE Toyota Motor North America

FAQ

What are the new roles announced by Toyota Motor North America (TMNA)?

Jack Hollis assumes the role of chief operating officer, overseeing Sales, Marketing, Manufacturing, and more. Chris Reynolds becomes chief strategy officer focusing on long-term growth and innovation.

Who will Jack Hollis and Chris Reynolds report to in their new roles?

Both Jack Hollis and Chris Reynolds will report to Ted Ogawa, the chief executive officer of TMNA.

What is Toyota's commitment in North America?

Toyota is committed to advancing sustainable, next-generation mobility through its Toyota and Lexus brands, with over 1,800 dealerships and 63,000 employees contributing to design and assembly.

Toyota Motor Corporation

NYSE:TM

TM Rankings

TM Latest News

TM Stock Data

296.99B
11.82B
1.51%
0.05%
Automobile Manufacturing
Manufacturing
Link
United States of America
Toyota Shi

About TM

Toyota Motor Corporation is a Japanese multinational automotive manufacturer headquartered in Toyota City, Aichi, Japan. It was founded by Kiichiro Toyoda and incorporated on August 28, 1937. Toyota is one of the largest automobile manufacturers in the world, producing about 10 million vehicles per year.