Honda Cuts Include CEO of American Honda
honda motor
Honda Motor Co. announced today that it will remove the head of American Honda, Tetsuo Iwamura of its board of directors, a move that reduces the number of directors from 20 to 12 and aims to make better decisions.
The changes will take place in June, subject to approval by the shareholders’ meeting this month. Management Review Releasing nine leaders of the card and add a new member. Most of these executives leave the board in more hands to move the positions of director of operations, the company said in a statement.
Iwamura, president of American Honda Motor Co., the subsidiary of the Japanese brand in the United States, will remain in his position as CEO of American Honda and retain his current title of Senior Managing Director of the parent company in Japan.
“It is a decision-making is faster,” said Honda spokesman Keitaro Yamamoto. Regional operations people need to focus on their regional responsibilities. ”
Iwamura addition, other regional leaders of the Committee on Human Rights Commission should be released.
Three executives of the board in June, including the current Chief Financial Officer Yoichi Hojo, is sent to the post of president in the Honda corporate affiliates or suppliers. Hojo head suspension manufacturer Showa Corp. will be promoted as head of top financial Fumihiko Ike, the senior managing director, will be replaced by the CEO.
Tsuneo Tanai operating officer, now chief operating officer responsible for operations of Honda Motor, is also chairman of the board and the fuel system supplier Keihin Corp.
The current President Takanobu Ito Tanai role became head of the unit’s direct automobile. Ito also receives the title of CEO, a new position of Honda Motor Co.
Among the changes Executive Vice President Koichi Kondo occupy the currently vacant post of president. This point since June 2010, when Mr. Satoshi Aoki retired empty. (autonews.com)
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