Honda Motor Co., Ltd. (the “Company”) hereby announces that its Nominating Committee today made an internal decision on the following personnel changes in its Directors to become effective as of the date of the Ordinary General Meeting of Shareholders of the Company scheduled to be held in June 2023, and that its Board of Directors today decided on personnel changes in its Representative Executive Officers, Executive Officers and Operating Officers to become effective as of April 1, 2023.
The personnel changes in Directors to become effective as of the date of the Ordinary General Meeting of Shareholders scheduled to be held in June 2023 shall be formally determined at that Ordinary General Meeting of Shareholders, and the personnel changes in Executive Officers to become effective as of such date shall be formally determined at a meeting of the Board of Directors scheduled to be held on that same day.
1. Planned Personnel Changes in Representative Executive Officers
<As of April 1, 2023>
Persons to be or to retire Representative Executive Officers
Reason for personnel change:
To further accelerate our transformation into a company that can achieve new growth and new value creation under the new management structure.
2. Planned Personnel Changes in Directors
<As of the date of the Ordinary General Meeting of Shareholders to be held in June 2023>
Candidate for Director to be newly appointed
Noriya Kaihara is scheduled to be promoted from Managing Officer to Senior Managing Executive Officer as of April 1, 2023.
3. Planned Personnel Changes in Executive Officers
<As of April 1, 2023>
Executive Officers to be newly appointed
4. Planned Personnel Changes in Operating Officers
<As of April 1, 2023>
Operating Officers to retire
Compositions of Directors and Officers as of April 1, 2023 and as of the date of the Ordinary General Meeting of Shareholders to be held in June 2023
*1 To be promoted
*2 To be newly appointed
*3 Outside Directors