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Hyundai Motor nominates Genesis head as new co-CEO

Published 12/14/2020, 08:35 PM
Updated 12/14/2020, 08:40 PM
© Reuters. FILE PHOTO: The logo of Hyundai Motor is pictured at the second media day for the Shanghai auto show in Shanghai

SEOUL (Reuters) - Hyundai Motor nominated Jaehoon Chang, global head of its premium Genesis brand, as the co-CEO and president on Tuesday, it said in a statement.

© Reuters. FILE PHOTO: The logo of Hyundai Motor is pictured at the second media day for the Shanghai auto show in Shanghai

Lee Won-hee, existing president and co-CEO, will focus on securing a competitive edge in future automotive businesses such as optimizing global businesses and strengthening technology development, the automaker said.

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