Reported about 17 hours ago
Honda Motor has accepted the resignation of Executive Vice President Shinji Aoyama following an allegation of inappropriate conduct at a social event. Although details of the allegation were not disclosed, CEO Toshihiro Mibe will face a 20% salary reduction for two months in relation to the seriousness of the incident. Aoyama, who joined Honda in 1986 and held several key roles, resigned before the board could finalize any disciplinary actions.
Source: YAHOO