Chung Ki-sun Vice Chairman Promoted to Senior Vice Chairman, HD Hyundai Electric Jo Seok President Promoted to Vice Chairman
HD Hyundai Samho CEO: Kim Jae-eul Vice President, Promoted to President
HD Hyundai Electric CEO: Kim Yeong-gi Vice President, Promoted to President
HD Hyundai Oilbank CEO: Song Myeong-jun Vice President, Promoted to President

HD Hyundai conducted the 2024 presidential executive personnel reshuffle on Thursday the 14th. In this personnel action, Chung Ki-sun Vice Chairman was promoted to Senior Vice Chairman, and HD Hyundai Electric Jo Seok President was promoted to Vice Chairman respectively. The promotions reflect HD Hyundai strong performance across its shipbuilding, power, and energy divisions -- HD Hyundai Heavy Industries and HD Hyundai Mipo have full orderbooks through 2027-2028 driven by LNG tanker and specialized vessel demand; HD Hyundai Electric (power transformers, switchgear) has benefited from the global power infrastructure investment surge driven by AI data center electricity demand and grid modernization; the leadership depth built through these promotions positions HD Hyundai for continued expansion across the energy transition supply chain.