Hyundai Elevator Appoints Head of Department Jo Jae-cheon as New CEO
[Asia Economy Reporter Choi Dae-yeol] Hyundai Elevator announced on the 2nd that Jo Jae-cheon, Head of the Elevator Business Division (Executive Director), has been appointed as the new CEO.
Jo, the newly appointed CEO, was born in 1964 and graduated from Yonsei University. He has consistently worked in the elevator sales sector. The company explained that he played a significant role in increasing the company's market share, having been in charge of sales for the domestic elevator business division in 2013 and promoted to Head of the Elevator Business Division in 2019. He was promoted to Executive Director last year.
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The company stated, "Based on over 30 years of experience as a sales expert, we judged him to be the right person to overcome domestic and international crises." The company plans to officially appoint him as CEO after approval at the regular shareholders' meeting and board of directors meeting scheduled for the 29th of next month.
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