Hyundai Motor Group, South Korea’s second-largest conglomerate, on Tuesday named the new CEO for its flagship unit in its latest senior executive reshuffle focusing on future growth.
The automotive titan promoted Chang Jae-hoon, an executive vice president who led Hyundai Motor Co.’s domestic sales business and its luxury marquee Genesis, to president and CEO of South Korea’s top automaker.
Hyundai Wia, a machinery and auto parts manufacturer, named Jung Jae-wook.