Input 2020.12.14 17:45 | Revision 2020.12.14 17:57
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In the past, Vice Chairman Kim served as Vice Chairman of the Planning and Coordination Office and the Secretary’s Office, assisting Honorary Chairman Chung from a short distance. Vice-Chairman Chung was pursuing the construction of the Global Business Center (GBC), which was the long-awaited project of Honorary Chairman Chung, so some people thought that he would not resign immediately. Vice-Chairman Chung, together with Hyundai E&C President Park Dong-wook, is reported to have submitted his resignation to the Hyundai Motor Group on the 11th.
This change of personnel can be interpreted as predicting a large-scale reorganization under the system of Chairman Eui-sun of Hyundai Motor Group. The business community’s response is that the change of personnel is an expected procedure to some extent, with the possibility of a full-scale reorganization of the Hyundai Motor Group’s third generation management system and a large-scale reorganization.
An official from Hyundai Motors said, “There will be a greeting on the 15th as soon as possible, but the personnel related details have not been confirmed at all.”
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