Hyundai Appoints Euisun Chung Group Chairman, Succeeds Dad
October 14, 2020
4:49 am
Hyundai Motor Group appointed 49 year-old Euisun Chung as group chairman on Wednesday, succeeding his octogenarian father Moog-Koo Chung.
The appointment formally cemented Euisunβs succession to the leadership of the worldβs fifth-largest automaker conglomerate from his octogenarian father.
In the first generational handover at the South Korean automobile giant in 20 years, Hyundai Motor Group said Euisun, had been promoted to chairman from executive vice chairman.
His father, Mong-Koo, was made honorary chairman.
Euisun Chung has played an increasingly visible leadership role since September 2018 when he was promoted to executive …
