Tokyo, Japan – Honda Motor Company has announced that Takanobu Ito will become the company’s seventh president and CEO, effective in late June, 2009. Ito is currently the company’s senior managing director.
Current president and CEO Takeo Fukui will remain on the board and assume the post of director and advisor to Honda Motor.
Ito joined Honda in 1978 and began his career in automobile research and development operations, principally as an engineer in chassis design. He was in charge of developing the all-aluminum unibody frame structure for the NSX sports car, and a series of compact sedans for the Japanese market in the early 1990s.
From 1998 to 2000, Ito was stationed in the U.S. as executive vice-president of Honda R&D Americas, where he was involved in the development of the Acura MDX, the brand’s first sport-utility vehicle.
From April 2009, he will again assume the top position of president and director of Honda R&D, which he will hold concurrently with his position of president and CEO of Honda Motor.