Toyota said that Jack Hollis and Chris Reynolds have been assigned new roles and will continue to report to TMNA CEO Ted Ogawa, effective immediately.

Hollis, executive vice president of TMNA, adds the role of chief operating officer, TMNA. In this newly created position, Hollis continues to oversee sales, marketing, TRD, product planning, and customer service while adding responsibility for manufacturing, product support, and demand and supply. Toyota said the new role consolidates several companywide functions into a more responsive reporting structure focused on the customer experience, operational efficiency, revenue generation and vehicle production.

Reynolds, executive vice president of TMNA, adds the role of chief strategy officer. In this newly created position, Reynolds continues to oversee strategy and business development, human resources, information technology, connected technologies, legal, social innovation/diversity & inclusion, and sustainability & regulatory affairs, while adding responsibility for research and development. The new role is responsible for developing long-term strategies for growth and driving innovation that improves mobility and reduces the company’s carbon footprint, the company said.

Toyota directly employs more than 63,000 people in North America who have contributed to the design, engineering, and assembly of nearly 47 million cars and trucks at 13 manufacturing plants, including one Texas plant in San Antonio.

By 2025, Toyota’s 14th plant in North Carolina will begin to manufacture automotive batteries for electrified vehicles. With more electrified vehicles on the road than any other automaker, Toyota currently offers 27 electrified options.

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R E A D N E X T

Plano-based Toyota Connected North America employees and family members drove in Eco or EV mode for a week to see how much earth-saving difference it can make. Turns out, it made a lot—the equivalent of 748 trees sequestering carbon for 10 years, with a savings of 5,091 gallons of gasoline.

The moves follow a recent infusion of $4.1 million in strategic financing as Stryve looks to fuel its growth in the consumer packaged goods sector.

Scott Cooke, who currently serves as SVP and CFO, has been promoted to president and CEO of Toyota Financial Services, the company said. James Schofield will become TFS's new group VP and CFO.