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RNS Number : 7028Z Toyota Motor Credit Corp 08 April 2026
Publication of Form 8-K - Toyota Motor Credit Corporation
Toyota Motor Credit Corporation has published its Current Report on Form 8-K
which it has filed with the Securities and Exchange Commission on 3 April
2026, announcing the following events:
"Toyota Motor Credit Corporation (the "Company" or "TMCC") announced today
that Scott Cooke, the Company's President and Chief Executive Officer and
Chairman of the Company's Board of Directors (the "Board"), will retire as
President, Chief Executive Officer and Director effective April 6, 2026. After
his retirement from these positions, Mr. Cooke will serve as Executive
Advisor, supporting the Americas Oceania Region of Toyota Financial Services
Corporation until June 30, 2026.
The Board has appointed Alec Hagey to succeed Mr. Cooke as President and Chief
Executive Officer and Chairman of the Board of TMCC effective April 6, 2026.
Mr. Hagey currently serves as executive advisor and previously served as
Senior Vice President and Chief Operating Officer of the Company. Mr. Hagey
first joined Toyota in 1990 and is expected to also serve as President and
Chief Operating Officer of Toyota Financial Services International
Corporation, the Company's parent. For additional biographical information on
Messrs. Cooke and Hagey, please see our Annual Report on Form 10-K for the
fiscal year ended March 31, 2025, which was filed with the Securities and
Exchange Commission on June 3, 2025."
A copy of this announcement will be submitted to the National Storage
Mechanism and will be available shortly at:
https://data.fca.org.uk/#/nsm/nationalstoragemechanism
(https://data.fca.org.uk/#/nsm/nationalstoragemechanism)
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