Hyundai Motor Group (the Group) has announced key executive appointments for 2024 to strengthen sustainable growth and enhance its preparedness for uncertainties in the global business landscape.
This appointment underscores the Group's commitment to a performance-driven approach that rewards exceptional achievements. By leveraging its core competencies and strategically positioning proven leaders with strong track records in key roles, the Group seeks to reinforce its organizational foundation and accelerate its future transformation.
Jaehoon Chang was promoted to Vice Chair of Hyundai Motor Group's Automotive Division, effective Jan. 1st, 2025, to further strengthen the future competitiveness of the Group's mobility business.
Looking ahead, Chang will manage the entire value chain, encompassing product planning, supply chain management, manufacturing, and quality assessment. He will work to optimize business operations across the automotive sector, foster internal synergies, and establish foundational systems focused on cost and quality innovation to ensure long-term competitiveness.
José Muñoz is appointed President and CEO of Hyundai Motor Company to advance the global management framework and solidify customer-focused mobility innovation through diverse powertrain offerings, including electric, hybrid, ICE, and hydrogen technologies, effective Jan. 1st, 2025.
As a result, Muñoz has been appointed the first non-Korean CEO of Hyundai Motor, recognized as the ideal candidate to drive the company’s performance through his merit-based management approach and dedication to attracting top global talent. Moving forward, he is expected to strengthen the company's global management systems and elevate its position as a leading global brand.
Sung Kim has been appointed as president of Hyundai Motor Company to manage the business effectively through global economic uncertainties, effective Jan. 1st, 2025.
As part of his appointment to enhance the company's Think Tank capabilities and better navigate various geopolitical challenges, Kim will oversee global external affairs, analyze and research domestic and international policy trends, and lead communications and PR initiatives. He will focus on increasing synergies across the company's intelligence functions, strengthening external networking, and advancing global protocol capabilities.
Jun Young Choi is promoted to President of Kia Corporation from Head of the Domestic Production Division and Chief Safety Officer (CSO). Kyoo Bok Lee, CEO of Hyundai Glovis, is promoted to President.
To strengthen sustainable management and accelerate business transformation, the Group has appointed Cheol Seung Baek as CEO of Hyundai Transys and Joon Dong Oh as CEO of Hyundai KEFICO.
To tackle challenges in the construction industry and drive essential improvements, the Group has appointed Hanwoo Lee as CEO of Hyundai Engineering & Construction Co., Ltd. (Hyundai E&C) and Woo Jeong Joo as CEO of Hyundai Engineering Co., Ltd.