Toyota's North American CEO steps down amidst sexual harassment scandal

Hideaki Otaka will be stepping down from his post as president and CEO of Toyota North America, according to an announcement by the automaker. Taking his place will be Jim Press, who was previously functioning as president of Toyota Motor Sales USA. Picking up the chief executive spot at Toyota N.A. will be Yuki Funo, who is also coming from the automaker's US sales unit where he held the position of CEO.

Otaka was hit with a $190M sexual harassment lawsuit last week by a female co-worker due to allegations of groping and other inappropriate behavior. He was supposedly schedule to leave the post in June, but apparently was asked to step down earlier than planned after the lawsuit was filed against him and Toyota.

[Source: AP via Yahoo!]

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