The shareholders of Toyo Tire & Rubber Co., Ltd. approved the resignation of President, Takuji Yamamoto and the appointment of a new management lineup to win back public trust following a data falsification scandal. Senior Corporate, Officer Takashi Shimizu, 54, will replace Yamamoto, while Katsumi Komaguchi, 64, former deputy chairman of Kyocera Document Solutions Inc., will become chairman. The personnel changes were approved at an extraordinary shareholder's meeting.