executives
Honda CEO’s Pay Cut 20 Percent Following Fit Recalls
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In response to the FIFTH recall of the new Honda Fit the company’s board has cut CEO Takanobu Ito’s pay by a whopping 20 percent!
Alan Mulally to Retire From Ford on July 1
Alan Mulally, president and CEO of Ford Motor Company is set to retire. The influential executive will step down from his post in just two months.
William Clay Ford Dies at Age 88
William Clay Ford, the last remaining grandson of Henry Ford, died this morning in his home.
Hyundai R&D Chief Quits Over Quality Issues
Along with two other executives, Hyundai’s chief technology officer Kwon Moon Sik resigned yesterday following record recalls for the brand in the U.S.
Kia Vice-Chairman Resigns Over Recalls
Jeong Sung Eun, Kia‘s Vice Chairman, took the rare step of resigning his post on September 3rd, as he accepted responsibility for a large recall of Kia vehicles. Roughly 86,000 vehicles were recalled due to an electrical wiring issue that posed a potential fire hazard. About 35,000 Sorentos and Souls from the the 2010 and…
