U.S. Honda boss reinstated to parent-company board
Editor's note: Earlier versions of this story incorrectly spelled the name of Tetsuo Iwamura.
TOKYO -- The head of American Honda, Tetsuo Iwamura, is being promoted and reinstated as a member of the company's board of directors in June.
Iwamura was removed from the board last year when Honda aimed to streamline its top management to 12 directors from 20. Iwamura's return helps restore direct U.S. influence in the boardroom at the Tokyo-based automaker.
Iwamura will be promoted to executive vice president and executive officer, from his current title of senior managing officer on April 1, Honda said in a Feb. 21 statement.
He will then take a seat on the board in late June, pending approval at the company's annual shareholders' meeting in the later part of that month, the company said.
Spokesman Atsushi Nemoto said the meeting's date would be announced later.
Iwamura will keep his current duties as president of American Honda Motor Co., the Japanese brand's U.S. subsidiary, and as head of the automaker's North American operations, Nemoto said.
The board will stay at 12 members after the June shuffle.
Among other changes, Takashi Iwamura, head of global production, will be added to the board, as will Yuji Shiga, who currently leads operations in Russia, the Middle East and Africa. Shiga will drop those duties and assume charge of power products.
Leaving the board will be Chairman Koichi Kondo. That position will be left vacant.
Until Kondo's appointment last year, it had also been empty since June 2010, when Satoshi Aoki retired.
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