Honda Announces Corporate Leadership Changes in North America

• Rick Schostek to Retire as EVP of American Honda Motor Co.
• Bob Nelson, EVP of Honda Development & Manufacturing of America, Named as Successor

MARYSVILLE, OH – August 11, 2022– (Motor Sports NewsWire) – American Honda Motor Co., Inc. today announced that longtime company executive Rick Schostek will retire as executive vice president of Corporate Services effective November 1, 2022. Schostek will be succeeded by Bob Nelson, currently executive vice president of Honda Development & Manufacturing of America, LLC (HDMA), effective Oct. 3, 2022.

“Bob and I joined the company in 1987, a transformative time in Honda’s history in Ohio and North America, as the company was expanding production, R&D and local parts sourcing in this region,” Schostek said. “We have worked closely together on many important initiatives since then and I have the utmost confidence in Bob and believe he is the right leader as we enter another transformative time for Honda and our entire industry.”

Schostek began his career at Honda in 1987 in the Legal Division of the former Honda of America Mfg. in Ohio. He went on to serve in key leadership positions within several of Honda’s North American operations, including senior executive assignments at Honda Manufacturing of Alabama (now Alabama Auto Plant), Honda Manufacturing of Indiana (now Indiana Auto Plant), and Honda North America.

“I’m grateful to have worked for a company like Honda that always puts people first – our customers, our associates and the people living in the communities where we do business,” Schostek said. “It is impossible to overstate how rewarding and enriching it has been for me to work directly with Honda associates during my assignments in Ohio, Alabama, Indiana and also my ongoing work with our team in California. I have always been immensely proud to say I worked for Honda and to have the opportunity to contribute to the success of a company that’s truly committed to being a company that society wants to exist.”

Nelson joined Honda in 1987 in the purchasing area of Honda of America Mfg., at a time when Honda was beginning to dramatically expand local parts sourcing in North America. Nelson also served a three-year assignment in Tochigi, Japan as a member of the North America Task Group, an assignment meant to advance and grow new model development, where he

managed a liaison function supporting Honda manufacturing in Ohio. His career also…