Toyota Motor Corporation (TMC) announced today that it intends to implement changes to its executive structure effective April 1, 2023, and changes to its Board of Directors effective the date of its 119th Ordinary General Shareholders’ Meeting as described below. 1. Changes to executive structure effective April 1, 2023
Takeshi Uchiyamada will resign from his post as Chairman of the Board of Directors. Akio Toyoda will be appointed the new chairman and Koji Sato the new president and Chief Executive Officer.
2. Changes to the Board of Directors effective the date of the 119th Ordinary General Shareholders’ Meeting
The formal appointment of members of the Board of Directors will be formalized after approval at the 119th Ordinary General Shareholders’ Meeting. The formal assignment of board members with specific titles, and the appointment of board members with the legal status to represent TMC (representative directors), will be made at the board of directors meeting following the 119th Ordinary General Shareholders’ Meeting. The resignation of board members leaving their current posts will become official on the day of the 119th Ordinary General Shareholders’ Meeting.
Toyota Times https://toyotatimes.jp/en/ https://youtu.be/kUaoKgCnFOc
Princessly is announcing the launch of its wholesale program for award-winning dresses for girls targeted at small to medium retailers.
Founded in 2011, Princessly has been a leading designer of formal girl’s dresses, special occasion dresses, and flower girl dresses for weddings. Since then, the company has been retailing dresses and gowns to over 35,000 end consumers in the United States, Canada, England, Australia, German, Russia, and Qatar.
In the company’s most recent news, Princessly is introducing a wholesale program for its award-winning flower girl dresses, girl’s formal outfits, and girl’s wedding dresses. The move is designed to support distributors and boutiques in their pursuit of wholesale dresses for girls at a minimum commitment of just $500 – meaning businesses can secure beautiful garments for their own stores and operations with financial ease.
“Our dresses are one-of-a-kind that you can’t find elsewhere, other than a few of the top players in the formal dresses category, such as Azazie.com, Jjshouse.com, and Hebeos.com, as we are the dress maker behind them,” says CEO of the company, Michael Young. “A very considerable part of the flower girl dresses on their websites are made and fulfilled by us. Therefore, this is the chance for small and local players in the industry to have a parallel chance of competing with the top guys, simply by joining our wholesale program!”
To meet the needs of all wholesale clients, Princessly offers lifetime order milestones with varying discounts up to 43% off with a minimum commitment of $500.
For more information about Princessly, or to contact the company regarding a wholesale order, please visit https://www.princessly.com/pages/girl-dresses-wholesale.
Based in Hong Kong, Princessly was founded in 2011 to bring fairy-tale girl’s dresses to weddings around the world. The company’s dresses boast exquisite detailing and timeless styles to ensure clients can choose the perfect look, not just for the bride, but also her entourage. Princessly endeavours to always be a trusted source for the most gorgeous girl’s wedding and formal dresses on the market.
Princessly Michael Young +1 (972) 992-7873 https://www.princessly.com/
Leadership of the Pensionskasse der Wacker Chemie VVaG pension fund is about to change. Effective July 1, 2022, Götz Neumann, 63, chairman of the pension funds Executive Board, and Daniela Böning, 60, member of the pension funds Executive Board, will retire. They will be succeeded by Frank Reinhardt, 53, and Eva Appel, 49, who will take over at the same time as chairman and member of the Executive Board respectively.
During todays general meeting, Christian Hartel, chairman of the WACKER pension funds Supervisory Board, thanked both departing Executive Board members for their dedication and successful work: Both Daniela Böning and Götz Neumann can look back on a long and successful career within the WACKER Group. Daniela has been a member of the pension funds Executive Board since 2011 and Götz since 2016. Particularly in the last few difficult years, they have both shown great commitment in expertly steering our pension fund through choppy waters.
He wished both new Executive Board members well in their roles and emphasized: Both bring profound experience to their new roles in financial matters and from human resources, as well as labor and employment law.
After a professional training in banking, Frank Reinhardt studied business administration at Munichs Ludwig Maximilian University (LMU) and worked in various roles at Deutsche Bank from 1990. He joined the WACKER Group in 2004, becoming part of the former subsidiary Siltronic. Over the next few years, he held various management positions in finance and controlling before taking over as head of WACKERs Corporate Finance and Insurance department in 2014.
After studying law at the Universities of Passau, Augsburg and Turin, Eva Appel worked from 2002 in law firms and companies before joining Wacker Chemie AG in 2004. She held various management positions in the companys human resources management, most recently as a legal advisor in the Executives & Board Services department, where she was concerned, among other things, with the development of executives, setting up respective development programs.
About the Pensionskasse der Wacker Chemie VVaG Pension Fund
With more than 18,100 people insured, total assets of around 2.7 billion and market-value assets of over 3 billion, the Pensionskasse der Wacker Chemie VVaG pension fund is one of the leading company pension plans in Germany. Today, a total of 17 member companies contribute to the WACKER pension fund, which was founded in 1928.
WACKER is a technological leader in the chemical industry and manufactures products for all key global industries. It is active in the silicone, polymer, life sciences and polysilicon markets.
General Motors Co. announced today that Dan Ammann, Chief Executive Officer of Cruise, is leaving the company. Kyle Vogt, Cruise President and Chief Technical Officer, will serve as interim CEO. In addition, Wesley Bush, the former Chairman and CEO of Northrop Grumman and a GM board member, will join the Cruise Board.
Alongside this leadership change, GM will accelerate the strategy the company detailed in its recent Investor Day, in which Cruise will play an integral role in building GMs autonomous vehicle (AV) platform as GM aggressively pursues addressable AV markets beyond rideshare and delivery.
GM is deeply committed to its vision of zero crashes, zero emissions, zero congestion, and AV technology will play a critical role in realizing it. Under GMs ownership to date, Cruise has seized the leadership position in commercial autonomous ridesharing and has created significant value for both GM shareholders and Cruises minority shareholders.
By continuing to work together, GM and Cruise bring massive manufacturing and technological scale to autonomy that will rapidly drive costs down. The integrated strategy will also maximize GM and Cruises total addressable market by leveraging synergies, leading to greater, more sustainable value for both GM and Cruise shareholders.