Top Honda Executive Resigns After Allegations of Misconduct (2)

One of Honda Motor Co.’s most senior executives resigned over allegations he’d engaged in inappropriate conduct during a social gathering outside of work hours.

Honda’s audit committee investigated the accusations against Shinji Aoyama, an executive vice president and board director, and compiled a disciplinary action plan, the company said Monday. Aoyama, 61, submitted his notice of resignation before the board acted.

Shinji Aoyama

Photographer: Kiyoshi Ota/Bloomberg

“It is deeply regrettable that an individual positioned as a leader in the management of the company, and who is expected to set an example for the respect of human rights and compliance with relevant laws ...