Publication of Form 8-K

Summary by AI BETAClose X

Toyota Motor Credit Corporation announced on September 30, 2025, the resignation of James Schofield from his position as Group Vice President and Chief Financial Officer. Schofield's departure is linked to his new role as President of Toyota Financial Savings Bank (TFSB). Simultaneously, the Board of Directors appointed Tellis Bethel as the new Group Vice President and Chief Financial Officer. Bethel, age 49, will retain his position as Chief Executive Officer and President of TFSB, a role he has held since August 2024. Prior to that, from June 2022 to August 2024, Bethel was Group Vice President and Chief Social Innovation Officer for Toyota Motor North America.

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