Toyota names former GM exec Hogan to board in overhaul

March 7, 2013

Toyota Motor Corp. appointed former General Motors executive Mark Hogan to its board, installing the first foreigner since 2007 and the first outside director ever in an attempt to breathe fresh perspective into the mammoth Japanese carmaker.

The move is part of a sweeping management overhaul that promotes Takeshi Uchiyamada to chairman, switches out more than a third of the current board and realigns global business units.