Highlights:
* Chairman
* Inauguration unanimously endorsed by board members of
*
* Group's future direction will focus on 'customers,' 'humanity,' 'future' and 'social contribution'
* ... all activities must be customer-centric and enable customers to focus on lives
* ... contribute to humanity's dream of safe and free movement and a peaceful life
* ... realize a future of our imagination to offer a higher plane of life experiences
* ... become a company appreciated for sharing its fruits with customers
* Group will build a healthier corporate culture through employee empowerment and horizontal communication
*
Chairman
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In his inauguration remarks,
All of our goals and efforts must be customer-centric. The first step to customer happiness is to enable them to focus on their own lives through perfect quality of our products and services.
Chairman of
Over the years, Chung has stressed the customer-centric approach and customer satisfaction, and applied the concept more broadly to all of humanity.
For the free movement and prosperity of humanity, we will develop the world's most innovative and reliable autonomous driving technology, offering entirely new mobility experiences.
Chung is spearheading the Group's transformation from an automaker into a future mobility solution provider.
The Group will offer mobility solutions tailored to customer lifestyles and continue to grow its market leadership in various fields, including autonomous driving, electrification, hydrogen fuel cell, robotics and Urban Air Mobility (UAM).
The Group recently formed a venture
Furthermore, Chung foresaw the powerful possibilities of hydrogen energy and championed the growth of hydrogen ecosystem, with broad implementation of fuel cell technology beyond automobiles.
Our world-class hydrogen fuel cell technology will be used not only in automobiles, but also in various fields, as an eco-friendly energy solution for the future of humanity. We will also realize the future of our imagination through Robotics, Urban Air Mobility (UAM), Smart City and other innovations. These groundbreaking advancements will offer a higher plane of life experiences for humanity.
In his remarks, he also stressed the importance of social contribution to the communities in which the Group operates, reflecting on his long-time commitment to communities and the future generation.
The Group's transformation under Chung is also taking place internally, with an emphasis on flexibility and agility like that of tech companies. Under his leadership, the Group is accelerating its efforts toward a healthier corporate culture by empowering its employees and encouraging horizontal communication.
If each and every employee thinks of oneself as a pioneer, and channel that positive energy into our growth and that of our future generations, I am certain we will seize fresh opportunities out of crises. I will foster a company culture that respects communication and autonomy. I will help cultivate a creative work environment, where talents are respected and realized to the fullest.
The Group will also streamline its decision-making processes to make them more timely and transparent, and strengthen communication with the market to boost shareholder value.
Chung has been recognized for his innovative vision and for leading the Group's key businesses successfully over the past two years as the Executive Vice Chairman.
He steered the turnaround of
Honorary Chairman Chung is widely acknowledged for his contribution to the advancement of global auto industry, and he was inducted into the
He brought
His key to the success of
Honorary Chairman Chung also introduced a new paradigm in sustainable management with the construction of the integrated steel mill
Carrying on their legacies, I would like to usher in a bold new future of
Chairman Euisun Chung Profile
Education
BA,
MBA,
Experience
2018 Executive Vice Chairman,Hyundai Motor Group
2009 Vice Chairman,Hyundai Motor Company
2005 President,Kia Motors Corporation
2003 Head of Business Strategy Planning,Kia Motors Corporation
Executive Vice President, Business Planning Division at
2002 Senior Vice President, Domestic Sales Division atHyundai Motor Company
1999 Director, Procurement / Sales Support Division atHyundai Motor Company
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