Publication of Form 8-K

Summary by AI BETAClose X

Toyota Motor Credit Corporation has announced leadership changes via a Form 8-K filing with the SEC on April 3, 2026. Scott Cooke will retire as President, CEO, and Chairman effective April 6, 2026, transitioning to an Executive Advisor role until June 30, 2026. Alec Hagey, currently an executive advisor and former Senior Vice President and Chief Operating Officer, will succeed Mr. Cooke in these leadership positions on April 6, 2026, and is also expected to become President and Chief Operating Officer of the parent company, Toyota Financial Services International Corporation.

Disclaimer*

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

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