Thursday, February 23, 2012

Management Changes Shock


Honda has recalled the CEO and a top exec in its Indian subsidiary. This move has shocked the company workers in India because of its unusual and unprecedented move. Many are taking this as a sign of Honda's desire to start fresh and regain its lost footing in the critical Indian minicar market. Takashi Nagai (pictured), the president and CEO of Honda Siel Cars of India along with the marketing head, Seki Inaba have only spent less than 2 years in their roles and they have already been shown the door. Honda spokespeople have said that this is part of a routine top management change announced every so often. Inaba will be moving to an unknown assignment while Nagai will become the president and representative director of Honda Logistics Inc and his spot will be taken by H Kanayama, current head of Honda's Taiwanese operations on April Fool's Day. 

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