Toyo launches group restructure, rejigs executive team

Hyogo, Japan – Toyo Tire Corp. has announced changes to its organisational restructure including a reshuffle within its executive management team.

With effect from 1 Jan, Toyo has established a new division to provide “integrated control” over its ‘rubber products development’, ‘automotive parts testing’, and ‘automotive parts production technology’ departments.

All three units perform functions related to automotive parts under the technology development division of the R&D headquarters, noted Toyo’s 27 Dec announcement.

With the organisational change, the company “aims to enable better coordination among the departments and thereby enhance its automotive parts business capabilities.”

Related management changes, effective 26 March, include Kiyohito Hasumi adding a directorship position to his existing role as corporate officer, vice president (VP), business headquarters.

In the European region, Kenta Kuribayashi is to become corporate officer, VP, sales headquarters division general manager, Europe, Africa & Middle East sales division.

Kuribayashi is currently corporate officer, president, Toyo Tire Holdings of Europe GmbH, managing director, Toyo Tire sales and marketing Europe LLC Indija.

Also, current corporate officer, VP, sales headquarters Tatsuo Mitsuhata is to become senior corporate officer, chairman & CEO, Toyo Tire Holdings of Americas Inc., division general manager, Americas business development division, sales headquarters director.

See full announcement