(Bloomberg) -- Akio Toyoda sat on stage as Toyota Motor
Corp. President Katsuaki Watanabe introduced nine other executives.
When Toyoda's turn came, he made a five-second bow to shareholders
gathered in Toyota City, Japan, for the June 22 annual meeting. Two
hours later, at a private board meeting, he was named head of
Japanese sales.
The second event signaled that Akio, 51, had stepped closer
to his destiny as patriarch of a carmaking dynasty that his great-
grandfather Sakichi funded and his grandfather Kiichiro started in
1937 by copying General Motors Corp.'s Chevrolets.
Read more at Bloomberg Exclusive News
Corp. President Katsuaki Watanabe introduced nine other executives.
When Toyoda's turn came, he made a five-second bow to shareholders
gathered in Toyota City, Japan, for the June 22 annual meeting. Two
hours later, at a private board meeting, he was named head of
Japanese sales.
The second event signaled that Akio, 51, had stepped closer
to his destiny as patriarch of a carmaking dynasty that his great-
grandfather Sakichi funded and his grandfather Kiichiro started in
1937 by copying General Motors Corp.'s Chevrolets.
Read more at Bloomberg Exclusive News
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