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| ▲ Eui-sun Eui-sun, senior vice chairman of Hyundai Motor Group, was promoted to chairman after 20 years of joining. Photo = Hyundai Motor Group. |
[아시아타임즈=천원기 기자]
Hyundai Motor Group Senior Vice Chairman Eui-sun Eui was promoted to chairman after 20 years of joining.
Hyundai Motor Group held an extraordinary board meeting on the 14th and appointed Senior Vice Chairman Eui-Sun Eui-sun as its chairman.
He became the head of the group two years and one month after being promoted to the group’s senior vice president in September 2018. In March of this year, he became the chairman of the board of directors of Hyundai Motor Company, and has actually led the management of the group.
New Chairman Chung’s promotion is interpreted as a measure to reinforce’responsible management’ in the unprecedented crisis of Corona 19.
In addition, it is evaluated as an opportunity to open the third generation management in earnest after the end of the’Chung Mong-gu era’, which has been leading the group for 20 years.
Chairman Chung Mong-koo virtually stepped down as the management frontline, such as being elected as honorary chairman on this day.
The new chairman Chung is said to have shown a’communicative leadership’ different from his grandfather, Chairman Joo-young Chung and his father, Chairman Chung Mong-koo.
In particular, the attitude of listening and humility was known as the trademark of the new chairman Chung. The’town hall meeting’ to strengthen communication with employees is part of his representative communication management.
With the new chairman Chung taking over the group management, Hyundai Motor Group is transforming into a horizontal organization centered on’work’ by expanding’autonomy’ and’opportunity’.
At the opening ceremony held for the first time last year, the group also accelerated the improvement of the group’s constitution by announcing the vision of being a’future smart mobility solution provider’.
This year, in preparation for the 4th industrial revolution, autonomous driving, and the era of electric vehicles, it also set a goal of’the first year of securing leadership in the future market’. It is a blueprint to take the lead in the future market with a’game changer’ by investing a total of 100 trillion won over the next five years.
Even in the emergency situation of Corona 19, Hyundai Motor Company’s operating profit in the third quarter of the year reached 288.9 billion won, exceeding the expected value of securities prices.
He also started to break down’purityism’ by actively recruiting outsiders, such as opening world-renowned automobile designer Peter Schreier.
Born in 1970, new Chairman Chung joined Hyundai Motor Company as Head of Purchasing Office in 1999 and served as Deputy Head of the Domestic Sales Division of Hyundai Motors in 2002, Vice President of Hyundai Mobis in 2003, and CEO of Kia Motors in 2005.
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| ▲ Eui-sun Eui-sun, senior vice chairman of Hyundai Motor Group, was promoted to chairman after 20 years of joining. Photo = Hyundai Motor Group. |