Reported 8 months ago
At a recent Toyota shareholders' meeting in Toyota, Japan, Akio Toyoda, the grandson of the company's founder, received approval to continue serving as the chairman. The majority of shareholders supported the company's proposals, rejecting a shareholder proposal for an annual climate-related lobbying report. The meeting came amidst a scandal involving fraudulent certification tests for vehicles, leading to apologies from Toyota officials and recommendations for changes in governance from proxy advisory companies.
Source: YAHOO