Wall Street Journal reported that Mr. Toyoda, son of Toyota honorary chairman Shoichiro Toyoda and grandson of Kiichiro Toyoda, will be the first founding family member to become president in 14 years.The Toyoda family owns 2% of the company. Toyoda, holds a master's degree in business administration from Babson College in MA. Atleast one other Babson Collegian I know is Simeon Margolis who is an entrepreuner in the mobile world with utterz and now Monkey Bed Media
