Hyundai Motor Group Human Renewal … 4 Affiliate CEO Changes



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Hyundai Motor Group Human Renewal ... 4 Affiliate CEO Changes

Hyundai Motor Group carried out a major humane reform. Four representative directors from the main subsidiaries were replaced and future mobility (transport) experts were recruited. Kim Yong-hwan, vice president of Hyundai Steel and others, who laid the foundation for the group’s growth with Honorary Chairman Chung Mong-koo, stepped out of the front line. The speed of the transition to a smart mobility enterprise promoted by President Eui-sun Eui-sun (photo) is seen to accelerate.

On the 15th, Hyundai Motor Group promoted the head of Hyundai Motor Company management support headquarters (vice president, 56) to president Jae-hoon Jang (vice president, 56) via an executive salute in the second half of this year and named him CEO. This is the first greeting since President Chung took office. The new Chairman Jang is one of Chairman Chung’s key assistants as a leader in enhancing the corporate culture of Hyundai Motor Group.

Cho Sung-hwan, Head of Hyundai Mobis Electric Business Unit (Vice President, 59) and Young-joon Yoon, Head of Hyundai E&C Housing Business Division (Vice President, 63), Promoted to President and Assumed Office as CEO of Hyundai Mobis and Hyundai E&C. Jaewook Jung, Head of Hyundai Motor Purchasing Headquarters (Vice President, 61), becomes CEO of Hyundai Wia.

Talent in research and development (R&D) was also used. Shin Jae-won, head of NASA’s Urban Aviation Mobility Business Division (vice president, 61), was promoted to president. Gyu-Oh Lee (60), senior vice president of product integration development (60), who led the development of the electric vehicle platform for Hyundai-Kia Motors (E-GMP), and Se-Hoon Kim (executive vice president, 54), which oversees hydrogen electric vehicle businesses, have become vice presidents.

Vice President Kim Yong-hwan, Hyundai E&C Vice President Jeong Jin-haeng, Hyundai Wia Kim Gyeong-bae, Hyundai E&C President Park Dong-wook, and Hyundai Servo-Shin Engine Production Quality Manager, they will resign. An industry insider said: “The renewal greetings from Hyundai Motor Group mean that it will accelerate in every sector to become a future mobility company,” he said. “Next year, there will be a lot of changes from the organizational culture to the business structure.”

Reporter Do Byeong-wook / Kim Il-gyu [email protected]

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