Hyundai Motor Group announced 2024 executive personnel changes for CEOs and presidents, focusing on solidifying internal core competencies and strengthening future competitiveness amid uncertain global management environments. Key appointments (effective January 1, 2025): Chang Jae-hoon promoted to Vice Chairman overseeing vehicle business (previously Hyundai Motor CEO since 2020, achieved record results and led hydrogen initiatives); José Muñoz appointed as new Hyundai Motor CEO (previously Global COO and North America Head, consecutive record results in North American business, first foreign CEO in company history); Sung Kim appointed as President for Group think tank (former US diplomat and ambassador, advisor since January 2024 handling global trade/policy strategy). Additional promotions (effective November 18, 2024): Kia's Choi Jun-young and Hyundai Glovis's Lee Kyoo-bok promoted to President. New CEO appointments: Hyundai Transys (Baek Cheol-seung), Hyundai Kefico (Oh Joon-dong), Hyundai Engineering & Construction (Lee Han-woo promoted to Executive VP), Hyundai Engineering (Joo Woo-jeong promoted to President). The group announced additional regular executive personnel changes in mid-December focusing on performance-centered bold personnel renewal and proactive talent development for long-term competitiveness enhancement.