After the North American leadership of Toyota Motor Corp. was recently reshuffled, U.S. sales chief Jim Lentz was given the extra title of CEO -- the first American to ever have the CEO title. Lentz remains as the president of Toyota Motor Sales U.S.A. and starting April 1, he will also take on chief executive duties.
The 56-year-old Lentz became a part of Toyota 30 years ago. Yoshi Inaba is being replaced by Shigeki Terashi, who takes on the role as president and COO of Toyota Motor North America. Terashi will stay as the president of Toyota Motor Engineering and Manufacturing, North America. Inaba, 66 years old, will stay in the U.S. as Toyota Motor Sales U.S.A. chairman.
In addition, he will continue being a member of Toyota's North American executive committee in order "to support Mr. Terashi in his new role." Meanwhile, Massy Tomozoe, the senior vice president of North America business planning, will be in Japan for a "senior management position,” which has yet to be identified.
Under the leadership of Terashi, Toyota's North American Executive Committee will continue to have monthly meetings. The Executive Committee’s other members include Yoshi Inaba, George Borst, Dian Ogilvie, Jim Lentz, Ray Tanguay, Kazuhiro Miyauchi, and Steve St. Angelo.