Honda Announces Board Changes in its North American Operations

6/16/2004 1:51:01 PM

Honda today announced two management changes at two of its North American subsidiaries - Honda North America, Inc. (HNA) and Honda of America Mfg., Inc.

At HNA, Kathy H. Jones, currently Senior Vice President of Business Operations, Honda Manufacturing of Alabama, LLC, will join HNA's board of directors in July immediately following HNA's annual shareholders meeting, July 6, 2004. Further, effective August 1st, Jones will be appointed as Vice President of HNA, where she will be responsible for Audit Operations for the company. Her responsibilities will include internal audits, ensuring compliance with financial and corporate governance regulations and confirming adherence to established business plan objectives for all Honda's North American group companies. Jones joined Honda in 1997, as a general manager at Honda of America Mfg., moving to Alabama in 2001 to help establish Honda Manufacturing of Alabama.

Based in Torrance, California, HNA is a U.S. - based wholly owned subsidiary of Honda Motor Co., Ltd., and is comprised of service and coordinating functions for Honda's North American operations, including Audit, Legal, Risk Management, Public Relations, and Government and Industry Relations. The current HNA board members represent all of Honda's major companies within Honda's North American regional organization. Following the July HNA shareholder meeting, the HNA board of directors will include:

- Koichi Amemiya, President, Honda North America, Inc.
- Thomas G. Elliott, Executive Vice President, American Honda Motor Co., Inc.
- Koki Hirashima, President, Honda of America Mfg., Inc.
- Hirohide Ikeno, President, Honda R&D Americas, Inc.
- Kathy H. Jones, Vice President, Audit, Honda North America, Inc.
- Masaaki Kato, President, Honda Manufacturing of Alabama, LLC.
- Hiroshi Kobayashi, President, Honda Canada, Inc.
- Koichi Kondo, President, American Honda Motor Co., Inc.

At Honda of America Mfg., headquartered in Marysville, Ohio, Larry Jutte, Senior Vice President and General Manager, Purchasing, will be appointed to the Honda of America Mfg. board of directors in July, immediately following the company's shareholders' meeting, July 8, 2004. Jutte joined Honda of America in 1985 and has served the company in a variety of positions, including plant manager of both the Anna Engine Plant and East Liberty Auto Plant. He now heads Purchasing for Honda's North American manufacturing operations.

Honda of America Mfg., a subsidiary of American Honda Motor Co., Inc., will celebrate its 25th anniversary in September 2004. Honda of America's operations currently include a motorcycle plant, two auto plants, and an engine plant - with the company also playing a leadership role with Honda's North American manufacturing operations. Following the July shareholder meeting, the Honda of America Mfg. board of directors will include:

- Koki Hirashima, President, Honda of America Mfg., Inc.
- John Adams, Senior Vice President, Honda of America Mfg., Inc.
- Larry Jutte, Senior Vice President, Honda of America Mfg., Inc.
- Masaaki Kato, President, Honda Manufacturing of Alabama, LLC.
- Koichi Kondo, President, American Honda Motor Co., Inc.

After the American Honda Motor Co., Inc. shareholder meeting on July 6th, the following members will continue to serve on the company's board of directors:

- Koichi Kondo, President, American Honda Motor Co., Inc.
- Koichi Amemiya, President, Honda North America, Inc.
- Richard E Colliver, Executive Vice President, American Honda Motor Co., Inc.
- Thomas G Elliott, Executive Vice President, American Honda Motor Co., Inc.
- Chester L Hale, Executive Vice President, American Honda Motor Co., Inc.
- Koki Hirashima, President, Honda of America Mfg., Inc.
- Hideo Takemura, Executive Vice President, American Honda Motor Co., Inc.

Honda is the world's preeminent engine-maker, building more than 17 million engines globally in 2003 for its diverse line-up of automobiles, motorcycles and power products. Honda began operations in North America in 1959 with the establishment of American Honda Motor Co., Inc., Honda's first overseas subsidiary.

Using domestic and globally sourced parts, Honda began assembling motorcycles in America in 1979 and this year celebrates 25 years of U.S. production. Honda began automobile manufacturing in the U.S. in 1982 with the Accord and was the first Japanese automaker to build products for the North American market in the United States.