Hyundai Motor Group Announces Key Executive Appointments

Hyundai Motor Group has announced key executive appointments for 2024 with a focus on sustainable growth and resilience against global challenges. Jaehoon Chang is promoted to Vice Chair of the Automotive Division, effective January 1, 2025, after achieving record-breaking performance as CEO since 2020, particularly in areas like the hydrogen initiative and the IPO of Hyundai Motor India. Chang will oversee product planning, supply chain management, and quality assessment to enhance the Group's competitiveness. José Muñoz has been appointed as the first non-Korean CEO of Hyundai Motor Company, also effective January 1, 2025, where he will focus on customer-centric mobility innovation across various powertrains. Other key appointments include Sung Kim as President of Hyundai Motor Company and Jun Young Choi as President of Kia Corporation, aimed at strengthening strategic intelligence and operational capabilities. The changes reflect Hyundai's commitment to a performance-based approach in navigating a dynamic business environment.