Hyosung Announces 2020 Regular Executive Personnel Changes... 28 Promotions Including Vice President Yooyounghwan

[Asia Economy Reporter Hwang Yoon-joo] Hyosung conducted its regular executive personnel reshuffle for 2020 on the 10th.

Hyosung promoted Executive Director Yoo Young-hwan, head of the Management Support Office, to Vice President and appointed 13 new executives, making a total of 28 personnel changes.

Newly appointed Vice President Yoo Young-hwan is recognized as an overseas expert with extensive experience in trade business and overseas postings, possessing a strong global sensibility.

Regarding this personnel reshuffle, Hyosung stated, "It was carried out based on strict meritocracy principles," adding, "We prioritized personnel who can overcome crises in an uncertain management environment, lead the company's growth, and enhance the company's global competitiveness through pioneering new markets."

They further added, "This is part of establishing a management system that can actively respond to rapidly changing environments based on the Voice of the Customer (VOC)."

With this reshuffle, VOC management, emphasized by Chairman Cho Hyun-joon, is expected to gain further momentum. In his New Year's address earlier this January, Chairman Cho urged, "We must take the Voice of the Customer as our compass to find the path to survival," and encouraged, "Let us become a company that sees the customers in the forest and makes that forest even richer."

This content was produced with the assistance of AI translation services.