Honda CEO Stepping Down, R&D Head Stepping Up

Matt Posky
by Matt Posky
honda ceo stepping down r d head stepping up

Honda has announced that CEO Takahiro Hachigo will be succeeded by the automaker’s head of research and development, Toshihiro Mibe. The company’s board held a meeting on Friday to finalize the decision, noting in a release that Mibe would officially be taking over leadership responsibilities on April 1st. A resolution of the general shareholder meeting is scheduled for June 2021, at which point Hachigo is assumed to be retiring from the business.

Mibe joined Honda’s engineering team in 1987 and had worked his way up to head of R&D in 2019. Since 2020, he’s also been working as the brand’s senior managing director. He’s to be tasked with taking the manufacturer into “the next era” — which we’re guessing entails strengthening its commitment to electric vehicles. Though the manufacturer also stated that “a new value system is spreading all around the world” adding that this change in management would help reflect that as it strives to solve social issues.

It sounds like a lot to contend with, frankly, so it might be in the Japanese’ business’ best interest to stay focused on things that be bolted together. Honda has prioritized practical automobiles with efficient gasoline motors for its entire existence. But it has started to dabble in electrification with the introduction of the Honda E that took place in August. The company now wants EVs to comprise the majority of its sales volume by 2030 and seems to be hinting that a change in leadership would be an essential component in achieving said goal.

From Honda:

During the approximately six years since he ascended to the presidency in 2015, in the face of a period of great transformation of the company’s business environment, Hachigo took the initiative and formulated Honda’s 2030 Vision to enable Honda to become “a company society wants to exist” into the future. For the fulfilment of the company’s 2030 Vision statement — “to serve people worldwide with the joy of expanding their life’s potential” — Hachigo led Team Honda on a course to “solidify existing businesses” and “prepare for future growth.” Under Hachigo’s leadership, Honda has increased efficiency and strengthened its operating structure in the areas of production and product development. Moreover, by pursuing the “selection and concentration” of its corporate resources on a global basis, a solid foundation for the future was established, preparing Honda to take off in the new era.

While Honda has a tendency to try and go it alone (at least when compared to other manufacturers) Mibe has repeatedly expressed an interest in partnering with outside entities. He has also stated on numerous occasions that the company needs to transform itself and modernize — specifically in respect to alternative powertrains. Hachigo has stated this is the exact reason for the change in leadership, suggesting that his job was to set up Mibe for future success so the automaker can undergo major changes.

[Image: Anastasiia Moiseieva/Shutterstock]

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  • Slavuta Slavuta on Feb 19, 2021

    They should all resign at Honda for producing this total crap

  • Conundrum Conundrum on Feb 19, 2021

    Honda made their first hybrid Insight for the year 2000. Sure was weird to drive - I kept waiting for the electric boost to happen which it never did, or maybe I didn't notice, being so immersed in slipping the clutch to try and actually get it moving. The gearing was interstellar and the power was asteroidal. So they've been dabbling with electrickery for some time; well, that and double wishbone limited travel suspensions. An EV isn't much of a stretch for them in my view. Never could quite get the final urge to buy a Honda because of those so-so, for me, suspenders. Still, many of my friends and acquaintances for 40 years did buy the brand and were perfectly happy. Not one of them suffered any tragedies, despite the recent historical revisionism from the internet basement experts that they were actually rolling piles of rubbish, unbeknownst to their actual owners. VW had a lock on rolling piles for decades after the British, French and Italian cars were sent home in ignominy. Now my Honda mower, there was a piece of junk. A wheel fell off, actually the assembly supposedly welded onto the deck. Mine wasn't. Welded that is, so you gotta give the paint credit that it held the thing together till season two and no warranty. Still, I wish Honda luck. They're going to need it. When all cars turn into high energy mobile two-box golf carts on stilts, with a windshield, a roof and A/C, brand differentiation is going to be a real problem.

    • Inside Looking Out Inside Looking Out on Feb 19, 2021

      Nope, China will be a problem. They will take over market because all supplies chains go to China. China can punish by not selling chips e.g. Or batteries, or motors, or steel.

  • Sayahh Is it 1974 or 1794? The article is inconsistent.
  • Laura I just buy a Hyndai Elantra SEL, and My car started to have issues with the AC dont work the air sometimes is really hot and later cold and also I heard a noice in the engine so I went to the dealer for the first service and explain what was hapenning to the AC they told me that the car was getting hot because the vent is not working I didnt know that the car was getting hot because it doesnt show nothing no sign no beep nothing I was surprise and also I notice that it needed engine oil, I think that something is wrong with this car because is a model 23 and I just got it on April only 5 months use. is this normal ? Also my daughter bought the same model and she went for a trip and the car also got hot and it didnt show up in the system she called them and they said to take the car to the dealer for a check up I think that if the cars are new they shouldnt be having this problems.
  • JamesGarfield What charging network does the Polestar use?
  • JamesGarfield Re: Getting away from union plantsAbout a dozen years or so ago, Caterpillar built a huge new engine plant, just down the road here in Seguin TX. Story has it, Caterpillar came to Seguin City council in advance, and told them their plans. Then they asked for no advanced publicity from Seguin, until announcement day. This new plant was gonna be a non-union replacement for a couple of union plants in IL and SC, and Cat didn't want to stir up union problems until the plan was set. They told Seguin, If you about blab this in advance, we'll walk. Well, Seguin kept quiet as instructed, and the plan went through, with all the usual expected tax abatements given.Plant construction began, but the Caterpillar name was conspicuously absent from anywhere on the site. Instead, the plant was described as being a collective of various contractors and suppliers for Caterpillar. Which in fact, it was. Then comes the day, with the big new plant fully operationa!, that Caterpillar comes in and announces, Hey, Yeah it's our plant, and the Caterpillar name boldly goes up on the front. All you contractor folks, welcome aboard, you're now Caterpillar employees. Then, Cat turns and announces they are closing those two union plants immediately, and will be transporting all the heavy manufacturing equipment to Seguin. None of the union workers, just the equipment. And today, the Caterpillar plant sits out there, humming away happily, making engines for the industry and good paying jobs for us. I'd call that a winner.
  • Stuki Moi What Subaru taketh away in costs, dealers will no doubt add right back in adjustments.... Fat chance Subaru will offer a sufficient supply of them.