[home][rumors and news][model release matrix][dealer network][desktop calendar][exhaust notes][tov forums][links][search][sponsors][garage][login]

Tire Rack Upgrade Garage
 Search for a Dealer:
 Canadian Flag US Flag
 Honda Acura
 ZIP  
Acura
There are currently no active Acura promotions
Honda
There are currently no active Honda promotions
American Honda Reports Sales Figures for November 2017
More.......................
Road & Track dyno tests 9th gen Accord V6 MT vs 2018 Accord 2.0T 10AT
More.......................
2018 Acura RLX Arrives in Showrooms with Striking Redesign
More.......................
American Honda Reports Sales Figures for October 2017
More.......................
Second-Generation NSX “Dream Project” by ScienceofSpeed to Debut at SEMA
More.......................
Honda Reveals their Sports EV Concept
More.......................
Watch Live: Honda Reveals their Sports EV Concept at the Tokyo Motor Show
More.......................
American Honda reports strong sales numbers for September 2017
More.......................
General Talk --> Re: 2018 Audi RS4 Avant
Join Discussion......
General Talk --> Re: 2019 Chevrolet Silverado
Join Discussion......
Professional Motorsports --> Re: First 1st? McRenault or ToroHonda?
Join Discussion......
Today's Reading Links --> Re: Civic Type-R on Ignition - Best Driver's Car Under $50k?
Join Discussion......
Civic --> Re: Civic Si, $199 lease offer
Join Discussion......
General Talk --> Re: ILX Going Away?
Join Discussion......
Repair and Maintenance --> Re: Is routine cleaning of fuel system needed in Accords?
Join Discussion......
General Talk --> Re: Rolled my Vigor!
Join Discussion......
Photoshops --> Re: Modern Argento Vivo?
Join Discussion......
General Talk --> Re: One Year as a BMW Driver in a Lifetime of Honda Support
Join Discussion......
Civic --> Re: Used CTR Price
Join Discussion......
Fuel Cell Technology --> Re: Picture
Join Discussion......
Type R --> Re: Possible variation of Type-R?
Join Discussion......
Accord --> Re: Drove the 2.0T EXL today
Join Discussion......
Pilot --> Re: Next generation Pilot/MDX engine question
Join Discussion......
Honda CEO Takanobu Ito to step down in June
 Date: February 23, 2015 16:00
 Submitted by:  JeffX
 Source: Honda PR
 Credibility Rating: Not Specified


Honda Motor Co. Ltd. announced earlier today that CEO Takanobu Ito will step down from his position of Chief Executive Officer in June. Mr. Ito has selected Takahiro Hachigo to succeed him. Mr. Hachigo currently holds the title of Managing Officer, and served as Representative of Development, Purchasing, and Production in China.

The timing of this announcement is interesting, since nearly two weeks ago, Reuters.com reported that Ito was appealing to stay for at least two years beyond the typical 6-year term for Honda CEOs. Honda has faced some unprecedented challenges during Ito's term, and during his tenure as CEO, he has implemented some unprecedented changes to the way Honda does business.

Full press release follows:

Tokyo, February 23, 2015 --- Honda Motor Co., Ltd. (“Honda Motor”) today announced that Takahiro Hachigo, currently the company’s Managing Officer, will become Senior Managing Officer effective in April 2015, and will become President, Chief Executive Officer and Representative Director in late June 2015. Takanobu Ito, the current President, Chief Operating Officer and Representative Director, will remain on the board and assume the post of Director and Advisor to Honda Motor. This management succession will occur following the final decision of the Honda Motor Board of Directors after the company’s annual shareholders’ meeting, scheduled for late June 2015.

Hachigo joined Honda in 1982, and began his career in its automobile research and development operations, principally as an engineer in the area of chassis design. Hachigo was in charge of developing the first-generation of U.S.-built Odyssey minivan, which was launched in 1999 primarily for the U.S. market. Hachigo went on to assume responsibilities as the person-in-charge of developing the second generation CR-V, Honda’s highly successful compact sport-utility vehicle for the worldwide markets, in 2001.

From April 2004 to March 2006, Hachigo was stationed in the U.S. as Senior Vice President of Honda R&D Americas, Inc., where he became actively involved in the local development of Honda and Acura automobiles. In April 2006, Hachigo became Operating Officer of Honda R&D Co., Ltd. (“Honda R&D”) and subsequently gaining promotion to Managing Officer in April 2007. After retiring from this position in March 2008, Hachigo became General Manager of Purchasing Division No.2 of Purchasing Operations, Honda Motor, in April and became Operating Officer of Honda Motor in June of the same year. Hachigo then assumed a role in the area of manufacturing as General Manager of Honda’s Suzuka Factory in April 2011. He served as Vice President and Director of Honda Motor Europe Ltd. from April 2012 to March 2013 and also as President and Director, Honda R&D Europe (U.K.) Ltd., from September 2012 to March 2013. In 2013, Hachigo’s responsibilities shifted to China, becoming Vice President of Honda Motor (China) Investment Co., Ltd. in April, simultaneously becoming Representative of Development, Purchasing and Production (China), Honda Motor, and Vice President of Honda Motor Technology (China) Co., Ltd. In April 2014, Hachigo was promoted to Managing Officer of Honda Motor, a title he currently holds.

Ito joined Honda in 1978 and began his career in the company’s automobile research and development operations, primarily as a chassis design engineer. Ito was in charge of developing the all-aluminum uni-body frame structure for the highly acclaimed first-generation NSX sports car that went on sale in 1990. In June 2000, he was appointed a member of the Honda Motor Board of Directors, subsequently assuming responsibilities as President and Director of Honda R&D, General Manager of the Suzuka Factory, and most recently, President, Chief Executive Officer and Representative Director of Honda Motor, a title he has held since June 2009.

During the six years of Ito’s leadership, Honda was able to actively evolve its global manufacturing structure, notably the establishment of automobile plants in Mexico, Brazil, Thailand, Indonesia, India and China. Also under Ito’s leadership, Honda succeeded in solidifying its business foundation by enhancing its product development capabilities—from the hugely popular N-series mini-vehicles, to automobile powertrain development as represented by the Earth Dreams Technology, to the establishment of product development structures in each of Honda’s global regional operations. Furthermore, an all-new FCV that Ito has led in an effort to realize a CO2-free automobile, as well as “fun to drive” vehicles including the S660, Civic Type R and NSX models are scheduled to be launched during the fiscal year ending March, 2016. Likewise, Honda’s participation in Formula 1, the pinnacle of automobile racing, and foray into aviation businesses with HondaJet and jet engine will take place during the same period.



Last edited by JeffX on February 23, 2015 16:17

Click Here to Submit Your Comments

Viewing Threshold (What is this?)

[fancy] [flat] [simple]
Subject Thread Originator Replies Last Post
  Good Riddance
iahs2k 0
  Revive the cancelled FR NSX V10
JP 37
  Glitches fuel soul searching at Honda
TSX69 3
  My Take on Acura & Honda In Steps (Pure Fantasy)
s2kx2 7
  Takata....
TonyEX 6
  Why did Ito select his replacement and not the board?
Power Of Dreams 7
  F1 failure added to CEO's list of problems
myhui 1
  Sort of worried
Fadic4 3
  Double Edged Sword.
owequitit 0
  Retire or let go?
ledebuhr1 1
2018 Acura RLX PR Photo Gallery
Read Article....................
TOV First Drive: 2018 Honda Accord
Read Article....................
2018 Honda Accord Specifications and Features (FINAL)
Read Article....................
2018 Honda Accord Hybrid PR Photo Gallery
Read Article....................
2018 Accord Touring 2.0T PR Photo Gallery
Read Article....................
2018 Accord Touring 1.5T PR Photo Gallery
Read Article....................
Contact TOV | Submit Your Article | Submit Your Link | Advertise | TOV Shop | Events | Our Sponsors | TOV Archives
Copyright © 2017 Velocitech Inc. All information contained herein remains the property of Velocitech Inc.
The Temple of VTEC is not affiliated with American Honda Motor Co., Inc. TOV Policies and Guidelines - Credits - Privacy Policy