Chairman Jung Wooyoung Leaves Honda Korea After 19 Years
Official Retirement as of the 9th
[Asia Economy Reporter Kim Ji-hee] Jung Woo-young, Chairman and CEO of Honda Korea, is stepping down after 19 years.
Honda Korea announced on the 11th that Chairman Jung officially retired as of the 9th. With Chairman Jung handing over his shares upon retirement, Honda Korea has become a wholly owned subsidiary of Honda Kikai Kogyo Co., Ltd. in Japan.
Jung Woo-young joined Kia Kikai Kogyo in 1976, served as CEO of Daelim Motor Industry, and became President and CEO of Honda Motorcycle Korea in 2001. He then took on the role of CEO of the company, which was renamed Honda Korea in 2003, and was promoted to Chairman in June last year. At that time, Lee Ji-hong, Executive Director of the Automotive Business Division, was appointed as the new President and CEO.
Hot Picks Today
As Samsung Falters, Chinese DRAM Surges: CXMT Returns to Profit in Just One Year
- "Most Americans Didn't Want This"... Americans Lose 60 Trillion Won to Soaring Fuel Costs
- "Over 7,000 Residents Evacuate Urgently" Magnitude 5.2 Earthquake Leaves 2 Dead, 6 Injured... What Happened in China?
- "Striking Will Lead to Regret": Hyundai-Kia Employees Speak Out... Uneasy Stares Toward Samsung Union
- "Why Make Things Like This?" Foreign Media Highlights Bizarre Phenomenon Spreading in Korea
Chairman Jung also served as the 12th President of the Korea Automobile Importers & Distributors Association (KAIDA) in 2018.
© The Asia Business Daily(www.asiae.co.kr). All rights reserved.
