Former executives reportedly tried and failed to have Honda CEO Toshihiro Mibe deposed after his failed bet on EVs.
According to a report in Reuters, former executives, including former CEO Nobuhiko Kawamoto, began meeting in private to discuss the problems at Honda. Participants agreed that Mibe-san was the key person responsible for the automaker’s financial woes.
Things came to a head in April this year when Kawamoto-san visited the CEO at Honda’s headquarters, and asked him to resign. Mibe-san stood his ground, and with the backing of the board and its nominating committee his…
