Hyundai Motor Group Chairman Euisun Chung is visiting the U.S. to review the Group’s strategies for future mobility and the direction of technological development. He has been Vice Chairman and Executive Director of Hyundai Steel Company since March 16, 2012. SIGN IN. The younger Chung, 49, previously the auto group’s executive vice chairman, was promoted to chairman SEOUL, October 14, 2020 – Hyundai Motor Group (the Group) announced today that Euisun Chung, Executive Vice Chairman, was inaugurated to the position of Chairman of the Group. “Honorary Chairman Chung grew Hyundai Motor Group into the world’s fifth largest automaker from its humble beginning,” Euisun Chung said at the event. Named in … Official Hyundai Motor heir Euisun Chung takes over from father after 20 years in waiting His plans for the next 20 years: EVs, autonomy, fuel cells, flying cars and more Chung Eui-sun (born 18 October 1970), also spelled Chung Eui-son, is a South Korean billionaire businessman. Euisun Chung, Hyundai Motor Group Executive Vice Chairman, Sung Yun-mo, Korean Minister of Trade, Industry and Energy and Eric Teo, Singapore’s ambassador to Korea “HMGICS is a major step forward for Hyundai Motor. Named in honor of legendary car designer Sir Alec Issigonis, the Trophy is Autocar's highest accolade. Username. Hyundai Motor Company, Kia Motors Corporation and Hyundai Mobis Co. each held extraordinary board meetings today to discuss the inauguration. Euisun ChungChairman of Hyundai Motor Group Over the years, Chung has stressed the customer-centric approach and customer satisfaction, and applied the concept more broadly to all of humanity. Wealth: $2.4 billion (Forbes, 2019) 2. He is the chairman of Hyundai Motor Group and the only son and "heir apparent" of Hyundai Motor Group honorary chairman Chung Mong-koo. "Honorary Chairman Chung grew Hyundai Motor group into the world's fifth largest automaker from its humble beginning. Mr. Chung serves as a Vice Chairman of Hyundai Mobis. Chairman Chung hailed by Autocar for transforming Hyundai Motor Group into one of the world’s … Hyundai Motor Company, Kia Motors Corporation and Hyundai Mobis Co. each held extraordinary board meetings today to discuss the inauguration. Hyundai Motor Group has announced the appointment of Euisun Chung, executive vice chairman, to the position of chairman of the group. The industry’s top honor was presented to the class of 2020 at a celebration held … In recognizing the visionary leadership of Chairman Chung on the presentation of the Issigonis Award, Autocar editor-in-chief Steve Cropley said: ”In the last decade the Hyundai Motor Group has grown into one of the world’s leading car firms, and chairman Euisun Chung … Email address. Required fields are marked * Hyundai’s luxury arm also introduced its first-ever SUV – GV80 – in the past year. All members of the boards unanimously endorsed the inauguration of Euisun Chung as the new Chairman of the Group. Euisun Chung, chairman of Hyundai Motor Group. Hyundai Motor Group Chairman Euisun Chung, who has been serving as the chairman of the Korean Archery Association since 2005, attended the Tokyo Olympics to cheer on and congratulate the national team immediately after wrapping up a business trip to the U.S. BY JIN EUN-SOO [jin.eunsoo@joongang.co.kr] Hyundai Motor Group (the Group) announced on Wednesday that Euisun Chung, who was recently the Executive Vice Chairman, was inaugurated to the position of Chairman of the Group, according to a press release from Hyundai Motor Group. The stock surge boosted the combined fortune of Hyundai Motor Group Chairman Euisun Chung (or Chung Eui-sun or Chung Eui-son) and his father, Chung Mong-Koo, by almost $2 billion. Chung also said that to consolidate leadership in vehicle electrification, the company plans to operate 44 electrified models by 2025. His father gave up his board seat in Hyundai Motor this year after stepping back from daily operations. SEOUL, South Korea, June 16, 2021 /PRNewswire-HISPANIC PR WIRE/ -- Hyundai Motor Group Chairman Euisun Chung is visiting the U.S. to review the … To do that, he'll need to walk a delicate line of honoring the company's ways while … 2021-03-24. -- Euisun Chung, chairman, Hyundai Motor Group. Hyundai Motor Group Honorary Chairman, Mong-Koo Chung, has been officially inducted into the Automotive Hall of Fame at the 2020/2021 Induction and Awards Ceremony. Chairman Mong-Koo Chung was inaugurated to the position of Honorary Chairman. Mr. Email address. Even before being tapped as the new leader of Hyundai Motor Group, Euisun Chung was a key mover in the push to modernize the company. Euisun Chung Inaugurated as Chairman of Hyundai Motor Group, Opening a New Chapter in History Euisun Chung, Executive Vice Chairman, Hyundai Motor Group / Kevin Clark, President and Chief Executive Officer, Aptiv SEE MORE SEE LESS. ... Hyundai Motor Group Chairman Euisun Chung Honored with the Issigonis Trophy at the 2021 Autocar Awards. During the last 20 years, Hyundai’s evolved from an automaker producing cheap, low-quality vehicles to a top-tier manufacturer with an expansive line-up of quality, stylish offerings appealing to a broad range of buyers. He is the second son of the late Chung Ju-yung, who came from a peasant family and later founded the Hyundai Group, Korea’s largest conglomerate. News Post || Auto: Euisun Chung, scion of the Hyundai Motor Group’s founding family, has been appointed chairman of the South Korean auto giant, taking Meanwhile, businesses were searching for options to keep their doors open as many faced government-mandated shutdowns and restrictions. Chung Eui-sun is the executive vice chairman of Hyundai Motor Group. “My father continued the legacy of my grandfather Ju-yung Chung, who founded Hyundai. Mong-Koo Chung was president of Hyundai Motor for more than 20 years before resigning in 2020. Korean billionaires: Chung Eui-sun. 10 Curbside Pickup Tips for Your Business. These announcements were made by Euisun Chung, the executive vice chairman (EVC), Hyundai Motor Group. Euisun Chung, 49, has exerted more influence over the entire auto group in recent years. Register with email. Chairman Chung hailed by Autocar for transforming Hyundai Motor Group into one of the world’s … He retired last year. “Honorary Chairman Chung grew Hyundai Motor group into the world’s fifth largest automaker from its humble beginning. 2019-03-22. If my father were here, he would say he owes this honor to our employees, dealers and fantastic customers,” said Euisun Chung. First Drive 2021 Hyundai Santa Fe N When it comes to styling, the automaker promises a characteristic architecture theme, with above VW AG architecture arch Luc Donckerwolke demography allegation of the newly-created Prestige Architecture Division. SEOUL, South Korea, June 16, 2021 /PRNewswire/ — Hyundai Motor Group Chairman Euisun Chung is visiting the U.S. to review the Group’s strategies for future mobility and the direction of technological development.. Chairman Chung has met executives and engineers of Motional Inc., the Group’s autonomous driving joint venture (JV), in Boston, Mass., as well as Boston Dynamics in … SEOUL, Oct. 13, 2020 /PRNewswire/ -- Chairman Mong-Koo Chung inaugurated as Honorary Chairman of the Group Inauguration unanimously endorsed by board members of Hyundai … Hyundai Motor Company, Kia Motors Corporation, and Hyundai Mobis Co. each held extraordinary board meetings today to discuss the inauguration. He has been a Director at Kia Motors Corp., since 2010. It will include 11 dedicated BEV models. The 83-year-old Chung is the first Korean in the hall of fame. 3. Password. Hyundai Motor Group will open a new chapter in its history under Euisun Chung’s leadership. Hyundai Motor Group Honorary Chairman, Mong-Koo Chung, has been officially inducted into the Automotive Hall of Fame at the 2020/2021 Induction and Awards Ceremony. Director (Non-Standing) Ji Yun Lee. His inaugural remarks last … Published 8:15 am Thursday, October 15, 2020. Hyundai Group Chairman Chung Euisun applauds in the audience during an awards ceremony for the women’s archery team competition on Sunday. Today, he is worth $ 4.6 billion. Hyundai carnality administrator Euisun Chung unveils the new affluence brand. Forgot your password? 2021-03-24. The induction ceremony was attended by Hyundai Motor Group Chairman Euisun Chung, who participated in Honorary Chairman Mong-Koo Chung’s place. Chairman Chung has met executives and engineers of Motional Inc., the Group’s autonomous driving joint venture (JV), in Boston, Mass., as well as Boston Dynamics in Waltham, Mass. Chung Eui-sun is the executive vice chairman of Hyundai Motor Group. Honorary Chairman Chung is widely acknowledged for his contribution to the advancement of global auto industry, and he was inducted into the Automotive Hall of Fame in 2020. He brought Kia Motors into the Group during the Asian financial crisis in the 1990s and turned the company into a successful global automaker. REUTERS/Brendan Mcdermid 13 Oct 2020 08:15PM Euisun Chung Chairman of Hyundai Motor Group Over the years, Chung has stressed the customer-centric approach and customer satisfaction, and applied the concept more broadly to … The two directly hold about 8 percent of Hyundai Motor. The name Hyundai translates into English as “modernity.” And now, the South Korean automaker has a new chairman who embraces that forward-looking spirit of change and improvement, just as it grapples with an age of industry upheaval. Named in honor of legendary car designer Sir Alec Issigonis, the Trophy is Autocar's highest accolade. LEATHERHEAD/SEOUL, June 8, 2021 – Hyundai Motor Group Chairman Euisun Chung has today been honored with the Issigonis Trophy at the 2021 Autocar Awards ceremony. ERIE, Pa., June 16, 2021 /PRNewswire/ — As the COVID-19 pandemic began in the spring of 2020, Americans immediately started looking for ways to reduce in-person contact. If my father were here, he would say he owes this honor to our employees, dealers and fantastic customers,” said Euisun Chung.. “My father continued the legacy of my grandfather Ju-yung Chung, who founded Hyundai. The name Hyundai translates into English as “modernity.” And now, the South Korean automaker has a new chairman who embraces that forward-looking spirit of change and improvement, just as it grapples with an age of industry upheaval. Hyundai Motor Group will open a new chapter in its history under Euisun Chung’s leadership. ... led by the group’s Chairman Chung Euisun… Director (Non-Standing) Dal Hoon Shim. Euisun Chung is now worth $4.8 billion and his father’s wealth has climbed to $7.4 billion. The two directly hold about 8 percent of Hyundai Motor. Chung family: Bulk of Chung family’s fortune is controlled by Chung Mong-Koo and his heir apparent and only son, Euisun Chung. Hyundai Motor Group Honorary Chairman, Mong-Koo Chung, has been officially inducted into the Automotive Hall of Fame at the 2020/2021 Induction … And finally, Euisun Chung is the Chairman, Hyundai Motor Group and has spearheaded the rise of the Hyundai-Kia brands into the top five global automakers. “Honorary Chairman Chung grew Hyundai Motor group into the world’s fifth largest automaker from its humble beginning. Euisun Chung was appointed chairman of Hyundai Motor in March 2020, succeeding his father, Mong-Koo Chung, who retired from the board. Hyundai Motor heir takes over from father after 20 years in waiting. Hyundai Motor Group (the Group) Chairman Euisun Chung today delivered a New Year’s message for the Group’s employees around the globe, outlining the company’s strategic direction and commitments for the year 2021 and beyond. Hyundai Motor Company, Kia Motors Corporation and Hyundai Mobis Co. each held extraordinary board meetings … Chairman Chung … Chung Eui-sun (born 18 October 1970), also spelled Euisun Chung, is a South Korean billionaire businessman. His father gave up his board seat in Hyundai Motor this year after stepping back from daily operations. Hyundai Motor Group today officially ushered in 2019, as Executive Vice Chairman (EVC) Euisun Chung laid out the top priorities for the year ahead, through a New Year’s address to employees at the Group’s headquarters. Korean billionaires: Chung Eui-sun. Chairman Chung He has been a Vice Chairman of Hyundai Motor Co. since August 2009 and has been its Director since 1999. 1. The facility is the first of its kind in the world. SEOUL, South Korea, June 16, 2021 /PRNewswire/ -- Hyundai Motor Group Chairman Euisun Chung is visiting the U.S. to review the Group's strategies for future mobility and the direction of It will be divided into 20 trillion Korean Won every year. News Post || Auto: Euisun Chung, scion of the Hyundai Motor Group’s founding family, has been appointed chairman of the South Korean auto giant, taking This despite the pandemic gravely affecting the auto sector and continues to do so even today. Hyundai Motor Group promoted heir apparent Euisun Chung on Friday to a role of overseeing the conglomerate, moving him a step closer to succeeding his octogenarian father as head of … Hyundai Motor Group (the Group) announced today that Euisun Chung, Executive Vice Chairman, was inaugurated to the position of Chairman of the Group.Chairman Mong-Koo Chung was inaugurated to the position of Honorary Chairman. ... Chung, son of the founder of Hyundai, joined the company in 1970 and became CEO in 1998. EuiSun Chung is Executive Chairman/Co-CEO at Hyundai Mobis Co Ltd. See EuiSun Chung's compensation, career history, education, & memberships. LEATHERHEAD, England and SEOUL, South Korea, June 8, 2021 /CNW/ -- Hyundai Motor Group Chairman Euisun Chung has today been honored with the Issigonis Trophy at the 2021 Autocar Awards ceremony. As the only son of Hyundai Motor Group Chairman Chung Mong-koo, he is a de-facto leader of South Korea’s second-largest conglomerate. Short Url https://arab.news/p726c Hyundai Motor Group has announced the appointment of Euisun Chung… View detailed 005380.KR description & address. All members of the boards unanimously endorsed the inauguration of Euisun Chung as the new Chairman of the Group. Euisun Chung, Executive Vice Chairman, Hyundai Motor Group / Kevin Clark, President and Chief Executive Officer, Aptiv ... CAPTION. The induction ceremony was attended by Hyundai Motor Group Chairman Euisun Chung, who participated in Honorary Chairman Mong-Koo Chung’s place. Even before being tapped as the new leader of Hyundai Motor Group, Euisun Chung was a key mover in the push to modernize the company. Official Hyundai Motor heir Euisun Chung takes over from father after 20 years in waiting His plans for the next 20 years: EVs, autonomy, fuel cells, flying cars and more share: Share on Facebook Tweet on Twitter Post to Reddit. Embracing the vision ‘Together for a Better Future,’ the Group will develop and acquire key technologies and capabilities to overcome market uncertainties, including COVID-19. Company profile for Hyundai Motor Co. Ltd. including key executives, insider trading, ownership, revenue and average growth rates. Hyundai Motor Company, Kia Motors Corporation and Hyundai Mobis Co. each held extraordinary board meetings today to discuss the inauguration. If my father were here, he would say he owes this honour to our employees, dealers and fantastic customers,” said Euisun Chung. He is the chairman of Hyundai Motor Group and the only son and "heir apparent" of Hyundai Motor Group honorary chairman Chung Mong-koo. Hyundai Motor Group Chairman Euisun Chung has today been honored with the Issigonis Trophy at the 2021 Autocar Awards ceremony. 8 June 2021 - Hyundai Motor Group Chairman Euisun Chung has today been honoured with the Issigonis Trophy at the 2021 Autocar Awards ceremony. Euisun Chung, 49, has exerted more influence over the entire auto group in recent years. Hyundai Motor Group's new 49-year-old chairman Euisun Chung takes charge of a company ensconced in a culture that reveres its elders. Date of birth: October 18, 1970. 3. Do NOT follow this link! Hyundai Motor Group will open a new chapter in its history under Euisun Chung’s leadership. Hyundai Motor Group Chairman Euisun Chung is visiting the U.S. to review the Group’s strategies for future mobility and the direction of technological development. The induction ceremony was attended by Chung's son and successor as chairman of Hyundai Motor Group, Euisun Chung. Hyundai Motor Group Chairman Chung Euisun has visited an autonomous vehicle joint venture in the United States and tested a vehicle under development as the South Korean auto-making giant explores new business opportunities in future mobility solutions, the automaker said on Wednesday. FILE PHOTO: Euisun Chung, vice chairman of Hyundai Motor Company, attends the 2017 New York International Auto Show in New York City, U.S. April 12, 2017. The induction ceremony was attended by Hyundai Motor Group Chairman Euisun Chung, who participated in Honorary Chairman Mong-Koo Chung's place. Hyundai Motor Company, Kia Motors Corporation and Hyundai Mobis Co. each held extraordinary board meetings today to discuss the inauguration. All members of the boards unanimously endorsed the inauguration of Euisun Chung as the new Chairman of the Group. Hyundai Motor Group will open a new chapter in its history under Euisun Chung’s leadership. “ Honorary Chairman Chung grew Hyundai Motor group into the world’s fifth largest automaker from its humble beginning. All members of the boards unanimously endorsed the inauguration of Euisun Chung as the new Chairman of the Group. The induction ceremony was attended by Hyundai Motor Group Chairman Euisun Chung, who participated in Honorary Chairman Mong-Koo Chung's place. Having largely worked in the shadow of his father, Mong-Koo Chung, for many year, he is looking to continue the growth of the automaker for the next several decades. In recognizing the visionary leadership of Chairman Chung on the presentation of the Issigonis Award, Autocar editor-in-chief Steve Cropley said: “In the last decade the Hyundai Motor Group has grown into one of the world’s leading car firms, and chairman Euisun Chung … The terms of directors are maintained for 3 years from each appointment date and all BoD members are protected with liability insurance. Chairman Chung has met executives and engineers of Motional Inc., the Group’s autonomous driving joint venture (JV), in Boston, Mass., as well as Boston Dynamics in Waltham, Mass. Euisun Chung Inaugurated as Chairman of Hyundai Motor Group, Opening a New Chapter in History His inaugural remarks last … Chairman Mong-Koo Chung … He was succeeded by his only son Euisun Chung. Recently inaugurated Hyundai Motor Group Chairman Euisun Chung revealed his vision for the company in a New Year’s address to employees. 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