Toyota Motor Corp. said Friday that CFO Kenta Kon will take over as chief executive officer on April 1, succeeding Koji Sato, who will become vice chairman and assume the newly created post of chief industry officer.Sato said at a press conference the change was made to improve Toyota's "earning power" and that he wanted to focus on his role as head of the Japan Automobile Manufacturers Association after being appointed in January, with his role considered paramount for the struggling industry as it faces headwinds with U.S. tariffs and rising costs."I had been asking myself whether I would…READ FULL ARTICLE
