Honda has announced a management shakeup which will see President Takanobu Ito being replaced by Takahiro Hachigo.

Honda has announced a management shakeup which will see President Takanobu Ito being replaced by Takahiro Hachigo.

Set to occur in June, the change is a big promotion for Hachigo as he will become President, CEO and Representative Director.  Ito, on the other hand, will remain on the company's board and assume the post of Director and Advisor to Honda Motor.

While Hachigo isn't widely known, he began his career at Honda as an engineer in 1982.  Over the course of his employment, he oversaw the development of the first-generation Odyssey minivan as well as the second generation CR-V.  In more recent years, he has held various titles including Vice President and Director of Honda Motor Europe, Vice President of Honda Motor (China) Investment Co and Managing Officer of Honda Motor.

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