Motor Corp. plans to promote Jim Lenz, president of Toyota Motors Sales U.S.A., making him the fourth non-Japanese managing officer in the company, Reuters reports.
Lenz will share the honor with Real Tanguay, Thierry Dombreval and Didier Leroy, among a total of 50 managing officers.
The Japanese auto maker makes the announcement amid a shakeup in top management that will see founding family scion Akionamed executive vice president in charge of domestic operations. He replaces Tokuichi Uranishi, who will resign.
Executive Vice President Kazuo Okamoto, who heads research and development, will be promoted to vice chairman. Takeshi, senior managing director in charge of finances, also plans to resign.
All changes take effect at the end of June when Toyota will hold its annual shareholders meeting.