Toyota May Open Board of Directors To Outsiders

Reports in yesterday's Nihon Keizai, Japan's biggest business daily, reckoned that Toyota may give North American chief Jim Press on the board. The move, if it happens, will make Press, a 37-year Toyota veteran, the first non-Japanese to be a seat on the board member. Given Press's long experience, high standing in the industry and the fact that 60% of Toyota profits are made in the U.S., the move seems pretty much a no brainer.
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