Honda names new president and CEO

Honda names new president and CEO

Honda has announced today that there will be a change of driver at its highest level. Takanobu Ito, 55, will take over the reigns as president and CEO in late June after the company’s annual shareholders’ meeting. Ito (who is presently Honda’s senior managing director) will succeed Takeo Fukui, who has been president for six years. Fukui will stay on the company’s board and take the title of director and advisor to Honda Motors.

Ito has been with Honda since 1978 when he came to the automaker as an R&D engineer specialising in chassis design. An achievement of note is that Ito presided over the original Acura NSX’s aluminum frame development, which hopefully means that its nearly-completed dormant successor may become a “pet” cause of sorts.

Ito has also held key managerial roles in developing small JDM cars in the early Nineties, and he has American work experience as well, having been Acura’s executive vice-president from 1998 to 2000.

In addition to being the company’s president and CEO beginning in June, Ito is already assuming the role of president and director of Honda R&D, meaning that he will be an ultra busy man.

Having logged time developing cars like the NSX Ito has both solid “car guy” experience and business savy also, this should serve him well in the tough economic times ahead.

Honda has announced today that there will be a change of driver at its highest level. Takanobu Ito, 55, will take over the reigns as president and CEO in late June after the company’s annual shareholders’ meeting. Ito (who is presently Honda’s senior managing director) will succeed Takeo Fukui, who has been president for six years. Fukui will stay on the company’s board and take the title of director and advisor to Honda Motors.

Ito has been with Honda since 1978 when he came to the automaker as an R&D engineer specialising in chassis design. An achievement of note is that Ito presided over the original Acura NSX’s aluminum frame development, which hopefully means that its nearly-completed dormant successor may become a “pet” cause of sorts.

Ito has also held key managerial roles in developing small JDM cars in the early Nineties, and he has American work experience as well, having been Acura’s executive vice-president from 1998 to 2000.

In addition to being the company’s president and CEO beginning in June, Ito is already assuming the role of president and director of Honda R&D, meaning that he will be an ultra busy man.

Having logged time developing cars like the NSX Ito has both solid “car guy” experience and business savy also, this should serve him well in the tough economic times ahead.

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