Hyundai Motors CEO Steve Yang resigns – his role to be taken up by domestic and foreign sales chiefs

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Hyundai Motors CEO Steve Yang resigns – his role to be taken up by domestic and foreign sales chiefsAccording to reports, Hyundai Motor has said that its co-CEO Steve Yang has resigned from his role for personal reasons. Following this, the company’s heads of domestic and foreign sales will now split Yang’s role – the new structure sees Kim Choong-ho and Kim Seung-tack promoted to head Hyundai’s domestic business and overseas business respectively.

Yang, who will be 58 this month, stepped down due to health issues and is to take up an advisory role, the reports add. He was one of three CEOs of Hyundai, along with chairman and founding family member Chung Mong-koo, and was also the head of Hyundai’s production at its top plant.

Among the marketing guru’s achievements during his tenure was notching up record sales for the brand in India in 2005 while serving as the company’s sales head there, reports said.

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Anthony Lim

Anthony Lim believes that nothing is better than a good smoke and a car with character, with good handling aspects being top of the prize heap. Having spent more than a decade and a half with an English tabloid daily never being able to grasp the meaning of brevity or being succinct, he wags his tail furiously at the idea of waffling - in greater detail - about cars and all their intrinsic peculiarities here.

 

Comments

  • Vincent on Oct 03, 2011 at 2:13 pm

    So happen this Hyundai CEO also name Steve…

    Aplle got Steve Job, Hyundai got Steve Yang. Both step down due to health issue…

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  • luffykewl on Oct 03, 2011 at 8:10 pm

    ini la agaknye orang yg naekkn name Hyundai..
    big applause for u uncle..
    ^^,

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  • ALEX on Oct 14, 2011 at 11:53 pm

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