Hanon Systems Transitions to Co-CEO Structure

Nedal Kuchukaya·Nagasubramoni Ramachandran

Hanon Systems announced on the 10th that it has appointed Nagasubramoni Ramachandran as Co-Chief Executive Officer (Co-CEO) through a board resolution, transitioning to a Co-CEO system alongside CEO Neudal Kuchukaya.

Newly appointed CEO Ramachandran was promoted to president and designated as a representative executive officer. He resides in Korea and has served as Hanon Systems' Chief Financial Officer (CFO) and Vice President in charge of the HVAC/System division. Neudal Kuchukaya, who has served as representative executive officer since 2019, has held positions including Global Sales and R&D President, Chief Customer Officer (CCO), and President in charge of Europe.

On the same day, Executive Officer Jeong Yong-su was appointed as President of Korean Business and Senior Vice President through a board resolution. Newly appointed Korean President Jeong joined Hanla Air Conditioning and has been responsible for the HVAC/System division and global supply chain management to date.

A Hanon Systems official stated, “The two Co-CEOs are management experts with nearly 30 years of experience at the company and possess a global perspective. Through the synergy between the new CEO, who has a high understanding of business operations, finance, and organizational management, and Neudal Kuchukaya, who has gained extensive experience as President of the European region, we will strengthen our position as a thermal energy management solutions company leading the eco-friendly vehicle market.”

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