$13.5 Million: Record Salary For Toyota President, More Than Double That Of Its CEO

Written by Fabio Lucas Carvalho

Published on 26/06/2025 at 19:48

Updated on 26/06/2025 at 20:06

Foto: Reprodução

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Even Outside the CEO Position, Akio Toyoda Received US$ 13.5 Million and Became the Highest-Paid Executive in Toyota History.

The former CEO of Toyota, Akio Toyoda, may have left the top job over two years ago, but he remains on top. Serving as chairman of the board, he has just set a historical record: he received US$ 13.5 million in the last fiscal year, ending on March 31, equivalent to 1.95 billion yen.

This amount makes him the highest-paid executive in the history of the Japanese automaker. Information from the specialized site carscoops.

20% Salary Increase

The amount received by Toyoda represents a 20% increase compared to the fiscal year 2023.

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Comparisons with Other Industry Leaders

Although it seems high, Toyoda’s salary is far from the largest among heads of global automakers.

The CEO of General Motors, Mary Barra, received US$ 29.5 million last year.

Jim Farley from Ford received US$ 24.9 million. Carlos Tavares, former Stellantis, earned US$ 23.9 million before resigning early due to poor performance.

The new CEO of Stellantis, Antonio Filosa, could earn up to US$ 10.2 million in his first year.

Other key executives also had substantial salaries.

Oliver Blume from Volkswagen received around US$ 11.8 million. Euisun Chung from Hyundai took home US$ 8.8 million, and Luca de Meo from Renault received US$ 6.2 million.

$13.5 Million: Record Salary For Toyota President, More Than Double That Of Its CEO

Even Outside the CEO Position, Akio Toyoda Received US$ 13.5 Million and Became the Highest-Paid Executive in Toyota History.

20% Salary Increase

Comparisons with Other Industry Leaders

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$13.5 Million: Record Salary For Toyota President, More Than Double That Of Its CEO

Even Outside the CEO Position, Akio Toyoda Received US$ 13.5 Million and Became the Highest-Paid Executive in Toyota History.

20% Salary Increase

Comparisons with Other Industry Leaders

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BRICS is preparing a payment system inspired by the Brazilian PIX that will allow direct transactions between countries using national digital currencies without relying on the dollar or Western banks as intermediaries.

Ethiopia has banned gasoline and diesel cars, placed over a hundred silent electric buses on the streets of Addis Ababa, and now aims for half a million electric vehicles by 2030, all powered by Africa’s largest dam and a courage that few countries have shown.

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