Toyota Chairman Akio Toyoda’s level of shareholder support dropped markedly at the automaker’s annual general meeting this week, hurt by certification test scandals and other governance concerns.
Toyoda, the grandson of the company’s founder, was re-appointed despite two leading proxy advisers having recommended against his re-election but support for him fell to 72%, down from 85% last year and 96% in 2022.

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Shareholders Support Of Toyota CEO Is Fading After Safety Scandals

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