[home][rumors and news][model release matrix][tov motorsports][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
There are currently no active Acura promotions
There are currently no active Honda promotions
A little Prelude tidbit that came from last week's dealer meeting...
Acura releases details on upcoming 2025 MDX refresh
Acura confirms debut of long-rumored entry-premium CUV for early 2025
American Honda reports March and 1st Quarter 2024 sales results
Spied on the Street! 2025 Acura MDX Type S
Honda releases details on upcoming 2025 Fuel-Cell Plug-in CR-V
Honda enables Wireless CarPlay and Android Auto on 10th generation Accords via software upgrade
American Honda reports January 2024 sales results
General Talk --> Re: The Tesla Growth Story Is Officially Dead
Join Discussion......
Professional Motorsports --> Re: Alonso Re-signs with Aston Martin and Honda
Join Discussion......
General Talk --> Re: The All-New 2025 Toyota 4Runner
Join Discussion......
Fuel Cell Technology --> Re: Bye Bye.
Join Discussion......
Ridgeline - General Talk --> Re: 2024 Honda Ridgeline Review: What You See Is What You Get
Join Discussion......
Professional Motorsports --> Re: Yuki wants to increase his value for future F1 seat
Join Discussion......
NSX --> NC1 NSX Turbo Upgrade and KTuner Support
Join Discussion......
General Talk --> Re: Acura ADX: Confirmed
Join Discussion......
General Talk --> Re: Tesla Sales Fall
Join Discussion......
General Talk --> Re: The Old Man's thoughts about Honda's future
Join Discussion......
General Talk --> Re: Next gen Honda engines, say hello to serial hybrids.
Join Discussion......
General Talk --> Re: It's going to be biblical wet in the Western States!
Join Discussion......
MDX --> Re: 2025 Acura MDX Bows With Sportier Styling And Google Tech
Join Discussion......
Videos --> Re: The hater's guide to Cybertruck
Join Discussion......
Videos --> Re: Hyundai Kona goes in for software upgrade - Resets to 1984 - This is SHOCKING
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]
Your Feedback
Date Subject User
03-05-2015 11:18 Good Riddance   (Score: 1, Normal) iahs2k
02-24-2015 00:57 Revive the cancelled FR NSX V10   (Score: 1, Normal) JP
02-24-2015 10:38 George Knighton
02-24-2015 10:38 George Knighton
02-24-2015 20:46 lexusgs
02-24-2015 21:19 iutodd
02-25-2015 01:09 lexusgs
02-25-2015 00:01 Osaka2002
02-25-2015 00:47 CivicB18
02-25-2015 20:03 owequitit
02-26-2015 04:18 swilder0123
02-26-2015 08:37 smArt
02-26-2015 11:22 CarPhreakD
02-26-2015 15:43 lexusgs
02-27-2015 07:50 Osaka2002
02-27-2015 13:41 CarPhreakD
02-26-2015 21:36 owequitit
02-27-2015 13:46 CarPhreakD
02-27-2015 18:46 lexusgs
02-27-2015 23:30 owequitit
02-26-2015 15:28 lexusgs
02-26-2015 19:46 Osaka2002
02-26-2015 15:33 TL_Guy
02-26-2015 21:39 owequitit
02-27-2015 03:20 Fan Koni
02-27-2015 05:14 smArt
02-27-2015 19:02 lexusgs
02-26-2015 12:07 lexusgs
02-28-2015 04:10 swilder0123
02-28-2015 21:26 owequitit
03-03-2015 12:10 lexusgs
02-25-2015 06:57 Fadic4
02-25-2015 08:24 smArt
02-25-2015 15:47 lexusgs
02-25-2015 20:07 owequitit
02-25-2015 20:42 iutodd
02-25-2015 23:51 owequitit
02-26-2015 00:04 owequitit
02-27-2015 12:35 M52
02-24-2015 07:41 Glitches fuel soul searching at Honda   (Score: 1, Normal) TSX69
02-24-2015 10:52 NickDC5
02-24-2015 20:47 myhui
03-02-2015 08:14 Chris David
02-26-2015 14:28 My Take on Acura & Honda In Steps (Pure Fantasy)   (Score: 1, Normal) s2kx2
02-26-2015 15:45 lexusgs
02-26-2015 15:48 TheDiscriminator
02-26-2015 19:49 Osaka2002
02-27-2015 12:32 M52
02-27-2015 20:24 s2kx2
02-27-2015 20:25 s2kx2
02-27-2015 20:27 s2kx2
02-23-2015 17:20 Takata....   (Score: 1, Normal) TonyEX
02-23-2015 20:48 myhui
02-23-2015 21:34 Power Of Dreams
02-24-2015 04:24 saitamahonda
02-24-2015 20:24 HondaForever
02-27-2015 12:47 M52
02-27-2015 18:02 TonyEX
02-23-2015 21:49 Why did Ito select his replacement and not the board?   (Score: 1, Normal) Power Of Dreams
02-23-2015 21:52 Fadic4
02-23-2015 22:14 Power Of Dreams
02-24-2015 04:02 saitamahonda
02-24-2015 07:39 Nick GravesX
02-25-2015 07:04 Mr Bigs
02-26-2015 19:48 Osaka2002
02-27-2015 12:27 M52
02-25-2015 20:29 F1 failure added to CEO's list of problems   (Score: 1, Normal) myhui
02-27-2015 00:14 Fadic4
02-23-2015 21:39 Sort of worried   (Score: 1, Normal) Fadic4
02-25-2015 09:24 Cory
02-26-2015 12:10 Mr Bigs
02-26-2015 15:47 lexusgs
02-26-2015 00:11 Double Edged Sword.   (Score: 1, Normal) owequitit
02-23-2015 17:15 Retire or let go?   (Score: 1, Normal) ledebuhr1
02-24-2015 04:26 saitamahonda
View this profile on Instagram

TEMPLE OF VTEC (@temple_of_vtec) • Instagram photos and videos

First Drive: 2023 Acura Integra - Rebirth of an Icon?
Read Article....................
2023 Acura Integra PR Photo Gallery
Read Article....................
2022 Acura MDX Specs and Features
Read Article....................
2022 Honda Civic Design Story, a video by Honda
Read Article....................
Photo Gallery: 2021 Acura TLX Advance
Read Article....................
Photo Gallery: 2021 Acura TLX A-Spec
Read Article....................
Contact TOV | Submit Your Article | Submit Your Link | Advertise | TOV Shop | Events | Our Sponsors | TOV Archives
Copyright © 2023 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