Latest news with #ShinjiAoyama
Daily Tribune
08-04-2025
- Automotive
- Daily Tribune
Honda executive resigns over ‘inappropriate conduct'
AFP | Tokyo Honda's executive vice president resigned yesterday over 'an allegation of inappropriate conduct', the Japanese automaker said. The incident occurred 'during a social gathering outside of work hours', Honda said in a statement without specifying what accusations were made against Shinji Aoyama, who is also the company's director. 'It is deeply regrettable that an individual positioned as a leader in the management of the company, and who is expected to set an example for the respect of human rights... has become the subject of an allegation of conduct contrary to these principles,' the company statement said. Honda declined to reveal details of Aoyama's conduct, citing privacy concerns for the victim, Kyodo news agency reported. The firm's audit committee had investigated the incident and presented a disciplinary action plan to the board of directors, who were 'scheduled to make a decision'. However, Aoyama submitted his resignation letter before the board had made any move, the statement said. 'The Company's Board of Directors has determined that it is appropriate for Mr. Aoyama to resign from his position,' it said. Honda President Toshihiro Mibe will voluntarily return 20 percent of his monthly compensation for two months due to 'the seriousness of this matter', the company said. 'The company sincerely apologises for any discomfort caused by such conduct, and for the significant disturbance and concern it has caused to all stakeholders.'
Asharq Al-Awsat
07-04-2025
- Automotive
- Asharq Al-Awsat
Honda Executive Resigns over 'Inappropriate Conduct'
Honda's executive vice president resigned on Monday over "an allegation of inappropriate conduct", the Japanese automaker said. The incident occurred "during a social gathering outside of work hours", Honda said in a statement, without detailing the accusations made against Shinji Aoyama, who is also the company's director. "It is deeply regrettable that an individual positioned as a leader in the management of the company, and who is expected to set an example for the respect of human rights... has become the subject of an allegation of conduct contrary to these principles," it said, AFP reported. The firm's audit committee had investigated the incident and presented a disciplinary action plan to the board of directors, who were "scheduled to make a decision". But Aoyama submitted his resignation letter before the board had made any move, the statement said. "The Company's Board of Directors has determined that it is appropriate for Mr. Aoyama to resign from his position," it added. Honda President Toshihiro Mibe will voluntarily return 20 percent of his monthly compensation for two months due to "the seriousness of this matter", the company said. "The company sincerely apologizes for any discomfort caused by such conduct, and for the significant disturbance and concern it has caused to all stakeholders."
Yahoo
07-04-2025
- Automotive
- Yahoo
Honda executive resigns over 'inappropriate conduct'
Honda's executive vice president resigned on Monday over "an allegation of inappropriate conduct", the Japanese automaker said. The incident occurred "during a social gathering outside of work hours", Honda said in a statement, without detailing the accusations made against Shinji Aoyama, who is also the company's director. "It is deeply regrettable that an individual positioned as a leader in the management of the company, and who is expected to set an example for the respect of human rights... has become the subject of an allegation of conduct contrary to these principles," it said. The firm's audit committee had investigated the incident and presented a disciplinary action plan to the board of directors, who were "scheduled to make a decision". But Aoyama submitted his resignation letter before the board had made any move, the statement said. "The Company's Board of Directors has determined that it is appropriate for Mr. Aoyama to resign from his position," it added. Honda President Toshihiro Mibe will voluntarily return 20 percent of his monthly compensation for two months due to "the seriousness of this matter", the company said. "The company sincerely apologises for any discomfort caused by such conduct, and for the significant disturbance and concern it has caused to all stakeholders." hih/dhw
Japan Times
07-04-2025
- Automotive
- Japan Times
Senior Honda executive resigns after allegations of misconduct
One of Honda's most senior executives resigned over allegations he'd engaged in inappropriate conduct during a social gathering outside of work hours. Honda's audit committee investigated the accusations against Shinji Aoyama, an executive vice president and board director, and compiled a disciplinary action plan, the company said Monday. Aoyama, 61, submitted his notice of resignation before the board acted. "It is deeply regrettable that an individual positioned as a leader in the management of the company, and who is expected to set an example for the respect of human rights and compliance with relevant laws and regulations, has become the subject of an allegation of conduct contrary to these principles,' Honda said in a notice to shareholders. Honda CEO Toshihiro Mibe will voluntarily return 20% of his monthly compensation for two months, and the carmaker said it will soon announce a new management structure in response to the matter. Aoyama was one of two executive vice presidents ranking just below Mibe, 63, who's been CEO since 2021. Aoyama had spent his career with the Tokyo-based company, joining in 1986. His previous roles included leading Honda's motorcycle business, its North American operations and its electrification efforts. Honda is Japan's second-most valuable automaker, with a market capitalization of ¥6.36 billion ($43.5 million). The company was in talks to combine with Nissan until the two called off negotiations in February.
Reuters
07-04-2025
- Automotive
- Reuters
Honda EVP Aoyama resigns after 'allegation of inappropriate conduct'
TOKYO, April 7 (Reuters) - Honda Motor (7267.T), opens new tab said on Monday that it had accepted the resignation of Executive Vice President Shinji Aoyama which followed an allegation of inappropriate conduct during a social gathering outside of work hours. "The new management structure in response to this matter is under immediate consideration, which (Honda) will announce in the near future," the Japanese carmaker said in a statement. here.
