D&M Holdings appoints new chief financial officer

D&M Holdings Inc. recently announced that Yoshiyuki Honda, a current member of the company's board of directors, has been appointed chief financial officer and will assume responsibility for the finance function of D&M Holdings on Oct. 1.

Honda held this same position for D&M Holdings from the time the company was formed in 2002 through 2005. Since that time, he has been a representative director and chief financial officer for RHJ International Japan Inc. as well as sitting on other corporate boards. Prior to 2002, Honda held several position including director of finance and administration with Cisco Systems K.K., director of finance at Pepsi-Cola, Japan, and controller at Pepsi-Cola International. Honda also spent 12 years with the accounting firm Coopers & Lybrand, in both Tokyo and Chicago. He is a U.S. certified public accountant and a Japanese certified public accountant. He has an MBA in finance from the University of Chicago and a BA in economics from Waseda University in Tokyo.

"We're very pleased that Honda-san will be returning to D&M on a full-time basis to be part of our management team leading D&M into its next phase," says Eric C. Evans, chairman of the board and chief executive officer. "We have built a solid business platform for our future expansion into automotive and commercial AV. Honda san's solid operating experience, combined with his experience in merger and acquisition due diligence and management, will be invaluable as we continue to deliver on our growth strategy. He has worked closely with us as a member of our board of directors for the last two years and we are delighted to have him return in the CFO role."

Honda is replacing Zenichiro Ishibashi who is leaving D&M to pursue other interests. After joining D&M in 2005, Ishibashi was instrumental in divesting underperforming assets, establishing global operational and reporting processes and moving the D&M stock to the first tier of the Tokyo Stock Exchange.

"We appreciate all the achievements of Ishibashi-san during his tenure with D&M," Evans adds. "We wish him good luck in his future endeavors.";

For more information on D&M Holdings Inc., visit the company's Web site.