Business Chief APAC+ANZ Magazine February 2020 | Page 91

HQ

TOYOTA JAPAN

$ 272.1bn

REVENUE IN US DOLLARS
Photo © HGEsch / Toyota

369,124

NUMBER OF EMPLOYEES

91 03

Akio Toyoda

TOYOTA MOTOR

The great-grandson of the father of Japan ’ s industrial revolution , Akio Toyoda has served as the President and CEO of the Toyota Motor Corporation since 2009 . Born in 1956 , Toyoda received his master ’ s in business administration from Babson College in the US , before coming to work at Toyota in 1984 . In keeping with the Japanese tradition of keeping CEO salaries relatively low , Toyoda ’ s salary in 2018 only amounted to $ 3.5mn - which made him the second-highest-paid employee of the company , after its Chief Competitive Officer , Frenchman Didier Leroy .
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