Hyundai Motor Group announces new executive appointments
Consortium promotes 9 executives
MANILA: Hyundai Motor Group — the parent company of Hyundai Motor Company (HMC) and Kia Motors Corporation — has appointed new executive leaders.
KEY TAKEAWAYS
What automotive brands are under Hyundai Motor Group?
Hyundai Motor Group owns the brands Hyundai Motor Company and Kia Motor Corporation.Why did Hyundai Motor Group appoint new leaders?
Per the conglomerate, the new executives were appointed to help its sustainable growth in future mobility business.Per the South Korean carmaker, the appointment of the said leaders is aimed at strengthening the manufacturer’s sustainable growth in future mobility business.
“Hyundai Motor Group today announced key executive appointments for the year 2024 as part of its aims to solidify sustainable growth and better prepare for uncertainties in the global business environment,” the company wrote in a press release.
“This appointment reflects its commitment to a performance-based approach that aligns with outstanding achievements. By consolidating the Group’s core competencies and strategically placing proven leaders with verified track records in key positions, the Group aims to strengthen organizational foundations and accelerate our future transformation,” it added.
Among the promoted were the following:
Executive |
Old position |
New position |
Jaehoon Chang |
HMC President, Chief Executive Officer (CEO) |
Hyundai Motor Group Automotive Division Vice Chair |
José Muñoz |
HMC President and Global Chief Operating Officer; President, Hyundai and Genesis Motor North America CEO |
HMC President, CEO |
Sung Kim |
Hyundai Motor Group Advisor |
Hyundai Motor Company President |
Jun Young Choi |
Kia Motor Corporation Executive Vice President (EVP) |
Kia Motor Corporation President |
Kyoo Bok Lee |
Hyundai Glovis EVP, CEO |
Hyundai Glovis President |
Cheol Seung Baek |
Hyundai Transys EVP, Chief Business Development Officer |
Hyundai Transys CEO |
Joon Dong Oh |
Kia Motor Corporation Vice President, Head of Electrification Manufacturing Engineering Center |
Hyundai Korea Electronic Fuel Injection Corporation CEO |
Hanwoo Lee |
Hyundai Engineering and Construction Company Limited Senior Vice President, Head of Housing Works Division |
Hyundai Engineering and Construction Company Limited CEO |
Woo Jeong Jo |
Kia Motor Corporation EVP, Chief Financial Officer, Head of Finance and Accounting |
Hyundai Engineering Company Limited CEO |
Hyundai Motor Company has made the aforementioned changes to its leadership as part of its strategic effort to enhance its global competitiveness, focusing on performance and talent.
“Following this round of appointments the Group will continue to promote a performance-based leadership renewal through its annual executive appointments in December. This will involve proactive development and promotion of talent to further reinforce the Group’s long-term competitiveness,” the conglomerate noted in a statement.
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