Akio Toyoda Named CEO of the Year

MANILA: Akio Toyoda, President Toyota Motor Corporation has been announced CEO of the Year. After taking Toyota Motors to the heights of glory, Mr Toyoda has been rightfully awarded by Sanno Institute of Management. The said institution every year conducts a business survey that this year included as many as 582 business leaders.

Mr. Toyoda received 210 votes, proving his worth for Toyota Motor Corporation. Under his sharp leadership skills, Toyota Motors registered record breaking profit figures and also became biggest car manufacturer of 2014 with over 10.23 million cars, despite many hardships. He faced some serious setbacks which included Mammoth sized recall figures because of faulty airbag issue, arrest of Toyota Vice President over drug trafficking issue and stiff competition from counterparts.

As for the future course of action, Akio Toyoda confirmed that Toyota Motors will make a comeback in 2017 World Rally Championship. The company plans to drive its new turbo powered Toyota Yaris that effortlessly produces 300 PS of peak power. Gazoo Fractioning will continue to serve as its racing arm with Mr. Toyoda the chairman and Tommi Makinen as the team Principle.

Coming to survey specification, all the companies with ten or more employees were eligible to compete and in all Sanno Institute received 464 valid answers. This figure was then split as 201 votes to Mr. Akio Toyoda, 91 to Mr. Son of Softbank Corp and lastly Mr. Hiromichi Morimoto of Mitsubishi Aircraft Corp was ranked third with 23 votes.

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