Mass exodus of top Toyota execs at year’s end

- TOYOTA’S decision to quit manufacturing in Australia has led to a mass exodus of its top management team, with the market-leading Japanese brand announcing today that chairman Max Yasuda, president Dave Buttner and executive director of sales and marketing Tony Cramb would all leave the company at the end of this year.

- Executive director of manufacturing and purchasing Chris Harrod, and chief executive of Toyota’s luxury brand Lexus, Peter McGregor, will also leave the company, which from January 1, 2018, will be run by Matt Callachor, who steps up from vice-president to president and chief executive officer.

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