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Honda announces executive changes

Honda today announced several key executive changes effective April 1st that reflect the increased and evolving responsibilities that the Honda North American Regional Operations have assumed within Honda’s global business.

- Tetsuo Iwamura will remain as president of Honda North America, Inc. (HNA), COO of North American Regional Operations and president and CEO of American Honda Motor Co., Inc. Iwamura, who serves concurrently as the executive vice president, executive officer and representative director of Honda Motor Co., Ltd., will add new responsibilities as the COO of Automobile Operations and risk management officer for Honda Motor Co., Ltd.

- Hidenobu Iwata will become president of Honda North America Services, LLC (HNAS), a new shared services company to be established effective April 1st. Iwata will remain in his current positions as president of Honda of America Mfg., Inc. (HAM) and senior managing officer of Honda Motor Co., Ltd.

- Bob Nelson will become president of Honda Manufacturing of Indiana, LLC (HMIN) in Greensburg, Indiana. Nelson is currently a senior vice president at HMIN and has been with Honda for 25 years, including 23 years with Honda of America Mfg., Inc. in Ohio.

- Jon Minto will become president of Honda Engineering North America, Inc. (EGA), Honda’s production engineering company in North America. Minto is currently a senior vice president with EGA, which is based in Marysville and has been with Honda for more than 20 years, including at Honda of Canada Mfg. (HCM).

- Dan Smith will become president of Honda of Canada Mfg. (HCM) in Alliston, Ontario, a division of Honda Canada Inc. (HCI). Smith is currently a senior vice president at HCM and has been with Honda for 28 years, including 26 years with Honda of America Mfg., Inc. and Honda Engineering North America, Inc. in Ohio.

- Jerry Chenkin will become president and CEO of Honda Canada Inc. (HCI) in Markham, Ontario, outside Toronto. Chenkin, currently executive vice president of HCI, has been with Honda for 38 years.

In conjunction with these executive appointments, Honda will strengthen the leadership function of its North American regional operations under HNA and HNAS to enhance the ability to deliver high quality products to the customer more quickly and efficiently.

The changes will help achieve this through more efficient management and quicker decision making, and by merging some of the support functions common to multiple Honda companies in North America under one roof. Both HNA’s leadership function and HNAS will be located on Honda’s Marysville campus.

In 2012, Honda outlined key strategies that increased the role played by Honda’s sales, manufacturing and R&D operations in North America within Honda’s global business. The changes announced today are the next step in this direction.

“These organizational changes will improve the speed of decision-making and the efficiency of our business operations,” said Tetsuo Iwamura, chief operating officer of Honda’s North American Regional Operations, which includes the U.S, Canada and Mexico. “Our global customers desire new, exciting and affordable automobile, motorcycle and power equipment products, and these changes will enhance our ability to quickly bring our customers’ dreams to the market.”

Since its founding in 1987, HNA has served as a coordinating entity for such operations as legal services, corporate audit and risk management. In its evolving role, HNA will house several members of senior executive management responsible for strategic oversight over North American sales, manufacturing and R&D for the company’s product lines. HNA has offices in Torrance, Calif., Marysville, Ohio, Detroit, Mich., New York, NY and Washington, D.C.

HNAS, the new shared services company, will be based in Marysville with an additional office in Torrance, Calif. HNAS will provide many of Honda’s common support functions in North America, and streamline coordination of Honda’s R&D, manufacturing, purchasing and sales functions as they relate to the introduction of new products.

Most Honda associates (employees) assigned to these entities will be located on the Marysville campus, but others will remain at other facilities throughout North America.

Current Ohio-based associates will remain in Ohio. It is anticipated that fewer than 50 associates involved in support and strategic functions at American Honda Motor Co., Inc. in Torrance, Calif., will transfer to HNA and HNAS over the course of the next fiscal year beginning April 1st. The formation of HNAS and changes to HNA are not expected to result in additional employment.

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