Dive Brief:
- Toyota Motor North America has named Mark Templin, its current executive vice president and chief operating officer, as its new president and CEO, effective Jan. 1, 2027, the automaker announced in a Nov. 5 press release.
- Templin is taking over the role from Ted Ogawa, who is returning to Toyota Motor in Japan as senior fellow amid a broader executive reshuffling at the automaker. Hiroshi Nambu, currently president of Toyota's Business Planning and Operation division, will succeed Templin as COO.
- “Leading Toyota in North America has been one of the greatest honors of my career,” said Ogawa, in a statement. “I am proud of and deeply grateful to our team members, dealers and partners for strengthening our business and building a foundation for the next generation. As I begin a new chapter, I look forward to supporting a smooth transition and continuing to contribute to Toyota in Japan.”
Dive Insight:
As new president and CEO of TMNA, Templin will lead Toyota’s North American operations, including manufacturing, research and development, sales, marketing, product support and corporate functions, per the release.
Ogawa will continue on as TMNA CEO through Dec. 31, then transition to serve as senior executive advisor from January through March 2027, per the release. He will begin his new role at Toyota Motor in April.
Templin is a company veteran who joined Toyota in 1990. He was appointed COO of TMNA in January 2025 following the retirement of former COO Jack Hollis after a 33-year career with the automaker. Templin has also held a number of operational and field positions during his career.
In 2005, he took over Toyota’s former Scion brand and served as group VP and general manager of Toyota’s luxury Lexus division, overseeing all aspects of the brands’ U.S. automotive operations. Templin also previously served as director and group chief operating officer of Toyota Financial Services, CEO of the Americas and Oceania Region, CEO of Toyota Insurance Management Solutions, and board chair of Toyota Motor Credit and Toyota Financial Savings Bank.
“Mark has the experience and vision to build on Toyota’s strong foundation in North America,” Ogawa said in a statement. “As the automotive industry continues to evolve, he will strengthen our competitiveness, support our team members, dealers and suppliers, while delivering products and mobility solutions that meet our customers’ diverse needs.”
