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Honda Motor Co. said today it will remove the head of American Honda from its board in a move that cuts the number of directors to 12 from 20 and aims to streamline decision making.

The changes will take effect in June, pending approval at that month's shareholder meeting. The management overhaul jettisons 9 executives from the board and adds one new member. Most of those executives leaving the board will shift to more hands-on positions as operating officers, the company said in a statement.



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Honda Parallels Toyota And Slashes Board Of Director Positions

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