Toyota President Earns $10.3 Million, Surpassing Ghosn

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Toyota Motor Corp. President Akio Toyoda became the highest-paid auto executive in Japan after dividend payouts pushed his total compensation past Nissan Motor Co.’s Carlos Ghosn.

Toyoda earned 1.27 billion yen ($10.3 million) in compensation and dividends, according to regulatory filings. While Nissan paid Ghosn almost three times more in salary, he collected less from dividend payments, netting him a total 1.14 billion yen.