Japanese automaker Honda Motor has announced the appointment of its research and development head Toshihiro Mibe as its new Chief Executive Officer.
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Toshihiro Mibe will replace Takahiro Machigo who was the CEO of Honda for six years.
Speaking on the appointment, Mibe said, “I am going to build a house that is the future of Honda on the foundation of business that Mr. Machigo has worked so hard to create, and this building must have resilience to withstand this once in a hundred years transformation.”