Dow Jones Newswires: Toyota Motor: Chief Branding Officer Koji Sato to become new chief executive

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Toyota Motor Corp. said Thursday that Chief Branding Officer Koji Sato would become its new chief executive on April 1.

The Japanese automakerTM JP:7203 said CEO Akio Toyoda would become the new chairman of the board and that Takeshi Uchiyamada would step down as chairman.

Write to Kosaku Narioka at [email protected]

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