Toyota Announces Scheduled Retirements

March 04, 2008

March 4, 2008 - Torrance, CA - Toyota Motor Sales U.S.A., (TMS) Inc. today announced the following scheduled retirements:

Dave Illingworth, senior vice president and chief administrative officer, will retire effective January 1, 2009. Spanning nearly three decades, Illingworth's career with TMS boasts an assortment of key senior-management assignments across a breadth of Toyota and Lexus business units. His responsibilities have included oversight of departments and business functions as varied as sales, marketing, customer relations, market representation, field operations, finance, administration, legal, human resources, information systems, motorsports, the University of Toyota, Toyota's Global Knowledge Center, corporate strategic planning and product planning. Illingworth is credited with having played an important role in the launch of Lexus, the nation's top-selling luxury nameplate for the last eight years.

Alan DeCarr, group vice president and general manager of Toyota Logistics Services, will retire July 1, 2008. Since joining Toyota in 1971, DeCarr has held a variety of key field-office and corporate headquarter positions in both the Toyota and Lexus Divisions. DeCarr served as vice president of Toyota's vehicle series teams and vice president of sales for the Toyota Division before being promoted to group vice president and officer in 2002. In 2004, DeCarr was named group vice president and general manager of Toyota Logistics Services and international operations.

Jim Aust, vice president, motorsports; and president and CEO of Toyota Racing Development, will retire July 1, 2008. With a Toyota career dating to 1987, Aust held a variety of key management positions until his promotion to vice president and general manager of Toyota Motor Insurance Services, Inc. in 1996. He served in this role until his appointment to vice president of motorsports in 1998 where he charted the direction of Toyota's broad U.S. motorsports activities. Recognized as a principal contributor to the expansion of Toyota's motorsports programs, Aust is credited with playing a key role in Toyota's 2004 NASCAR Craftsman Truck Series debut and 2007 entry into NASCAR'S Sprint Cup and Nationwide Series.

Ken Goltara, vice president, business technology services, will retire October 1, 2008. Goltara joined TMS in 1997 as corporate manager of IS business systems development and was promoted to vice president in 1999. During his tenure, Goltara advanced TMS' technology landscape, and is credited with many of the systems TMS and dealership associates use today. Dealer Daily, Toyota's dealer intranet communications network, launched in 1999, is one of his major contributions. It continues to be regarded as a leading edge application in the automotive industry.

Dudley Hawley, TMS vice president and senior advisor to AirFlite, will retire later this year. With a career at Toyota dating to 1967, Hawley has held a variety of management positions including that of corporate manager, dealer data systems in IS, corporate manager of purchasing and administration; and vice president of administration. In 2001, Hawley was appointed TMS vice president and president of AirFlite.

Mike Morrison, vice president of the University of Toyota will retire July 1, 2008. Since joining Toyota in 1980, Morrison has held a number of key management positions, first in the real estate and facilities departments and later in the human resources department. In the early '90s, he was named assistant to the president. Morrison was instrumental in the development of the Office of the President. He later focused on new organizational- development issues, leading to the development and launch of the University of Toyota in 1998. In 2006, Morrison was promoted to his current position of vice president.

Marian Duntley, corporate manager, customs, will retire July 1, 2008. Duntley joined TMS in 1995 as national customs manager and was promoted to corporate manager in 1999. Duntley has been instrumental in protecting Toyota's supply chain by improving import and export processes and ensuring Toyota's compliance with laws, regulations and policies enforced by government agencies such as U.S. Customs and Boarder Protection.

Jim Finkel, corporate manager, vehicle logistics administration and planning, will retire July 1, 2008. Finkel joined Toyota in 1982 and has held a number of key posts, including personnel operations manager, merchandising manager, sales administration manager, TLS transport manager, logistics business operations manager and western corporate logistics field manager.

Gloria Jahn, corporate manager, business support services will retire in March 2008. Jahn joined Toyota in 1989 as national video network manager. She has held a variety of key management positions, including national manager, dealer and associate communications; corporate manager of philanthropy and internal communications manager; corporate manager, corporate affairs, in the corporate communications division; and corporate manager, corporate services.


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