#GAReads | After 80 years, Toyota appoints first female Board member

photo credit: John Lloyd [ CC BY 2.0 ],  via Wikimedia Commons  (cropped)

photo credit: John Lloyd [CC BY 2.0], via Wikimedia Commons (cropped)

"After 80 years, Toyota appoints first female Board member":

One of the oldest and leading Japanese automaker Toyota Motor Corp in a recent release announced the appointment of Teiko Kudo, Managing Executive Office, Sumitomo Mitsui Banking Corp as the member of Toyota's Board of Directors. Teiko Kudo is the first woman to be in this position. This is aimed to push diversity and opening up the management to new ideas and technology changes. In a statement Toyota said, "TMC has decided to renew its structure further by changing the lineup of its board of directors and that of its audit & supervisory board, by including more people from both inside and outside the company with a high level of expertise, based on the principle of appointing the right people to the right positions, transcending practices of the past."

Read Ronak Shah's full article at The Financial Express here…