Toyota Names Japanese Successor to Longest-Serving America Chief
- Tetsuo Ogawa to take over from Jim Lentz, who retires April 1
- Shake-up looms as Toyota pressured on trade, emissions policy
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Toyota Motor Corp.’s longest-serving American head of its U.S. business is retiring and will be replaced by a Japanese executive who’s little known outside the company.
Jim Lentz, a 37-year Toyota veteran, will retire and step down as chief executive officer of Toyota Motor North America on April 1 and be replaced by Tetsuo “Ted” Ogawa, who’s been chief operating officer of the regional unit since January.