Hyundai Department Store Group, All Representatives Retained "Focus on Stable Organizational Management"

Announcement of Regular Executive Personnel Changes on the 10th
30 Promotions Including 4 Vice Presidents... Effective January 1 Next Year

[Asia Economy Reporter Yuri Kim] All presidents of Hyundai Department Store Group have been retained. It is explained that in the face of increasing uncertainties in the domestic and international management environment, such as concerns over a global economic recession, the focus was placed on stable organizational management rather than major changes.

Hyundai Department Store Group announced on the 10th that it has carried out a regular executive personnel reshuffle effective January 1 next year, involving a total of 52 people, including 4 vice presidents, 6 senior managing directors promoted, 30 promotions, and 22 transfers.

A Hyundai Department Store Group official said, "In the increasingly uncertain domestic and international management environment, we focused on stable organizational management rather than major changes and carried out the 2023 regular executive personnel reshuffle. Under the stable trend where all group affiliate CEOs remain in their positions, we will pursue growth and change."

He added, "There are no new president promotions in this regular executive reshuffle, but the scale of personnel changes is similar to previous years. A large number of young talents with both expertise and drive have been actively appointed, placing next-generation leaders in key positions across each affiliate," adding that Hyundai Department Store Group explained, "This also means securing new leadership to invigorate the organization and maximizing core competitiveness to prepare for the group's future innovation and sustainable growth."

Below is the 2023 regular executive promotion personnel of Hyundai Department Store Group.

◇ Promotions (30 people)

◆ Hyundai Department Store

▲ Vice Presidents

Min Wang-il (Head of Management Support Headquarters), Yoon Young-sik (Head of Planning and Coordination Headquarters)

▲ Senior Managing Directors

Cha Jun-hwan (Pangyo Branch Manager), Lee Jong-geun (Head of Management Strategy Office)

▲ Managing Directors

Jo Bang-hyung (Cheonho Branch Manager), Jang Woo-seok (Head of Food Business Division), Lee Dae-hee (Head of Talent Development Institute), Oh Hyung-man (Mia Branch Manager), Kim Nak-seo (Head of Business Development Team), Kim In-hwan (Head of Management Improvement Team)

◆ Hyundai Green Food

▲ Vice President

Lee Heon-sang (Head of Product Headquarters)

▲ Senior Managing Director

Lee Jin-won (Head of Management Support Office)

▲ Managing Directors

Ryu Ji-won, Lee Hyung-gu (In charge of Hyundai Kia Motors)

◆ Hyundai Dream Tour

▲ Senior Managing Director

Jang Young-soon (CEO)

▲ Managing Director

Cheon Jeong-hyun (Head of Sales Headquarters)

◆ Hansome

▲ Managing Directors

Kim In-ho (Head of Management), Seo Seong-won (Head of Marketing), Seo Bo-kwang (Head of Overseas Fashion 3 Business Division)

◆ Hyundai Livart

▲ Vice President

Park Min-hee

▲ Senior Managing Director

Kwon Tae-jin (Head of Sales Headquarters)

▲ Managing Director

Lee Wan-ho (Head of I&SD Business Division)

◆ Hyundai Rental Care

▲ Senior Managing Director

Kwon Kyung-ro (CEO)

◆ Hyundai L&C

▲ Managing Directors

Kim Hyung-guk (Head of Management Support Office), Park Tae-sik (Head of Sejong Plant), Lee Dong-seop (Head of Window Business Division), Yoon Byung-in (Head of Tech Center)

◆ Hyundai Bio Land

▲ Managing Director

Moon Kyung-hwan (Head of Food Business Division)

◆ Hyundai Easywell

▲ Managing Director

Kim Chung-jin (Head of Welfare Consulting Headquarters)

◆ Hyundai Everdigm

▲ Director

Kim Jin-guk (Head of Hydraulic Production Division)

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