Araverus Team|Friday, February 6, 2026 at 6:29 AM
Araverus Team
Feb 6, 2026 · 6:29 AM
Automotive · CEO Change · Toyota · Trump Tariffs
Toyota Motor announced that CEO Koji Sato will step down and be replaced by CFO Kenta Kon, effective April 1, marking the company's second CEO transition in three years.
Everyone told the company to sell its unprofitable fiber-optic business. Now that division is powering its stock to all-time highs.
The departure comes as Verizon undergoes big changes under its new chief executive, Dan Schulman.
Belen Garijo will succeed Paul Hudson as CEO following a string of clinical setbacks at the drugmaker.
Activist investor questions whether the selection of parks chief Josh D’Amaro as chief executive will allow Iger to stay around
