Korea & Company Group Announces 2025 Executive Appointments... Lee Soo-il Appointed Head of Hanon Systems Integration Task Force

Chairman Jo Hyun-beom Makes First Personnel Changes Since Acquiring Hanon Systems

Korea & Company Group has carried out executive appointments for 2025. This personnel move is the first executive appointment implemented by Chairman Cho Hyun-beom following the signing of the final contract for the acquisition of Hanon Systems. Lee Soo-il, Vice Chairman, was appointed as the head of the Hanon Systems integration task force.

On the 4th, Korea & Company Group announced the promotion of 38 new executives. After signing the main contract for Hanon Systems, Lee Soo-il, Vice Chairman of Hankook Tire & Technology, was appointed as the head of the post-merger integration (PMI) task force. Additionally, for the new CEO of Hankook Tire, An Jong-seon, CEO of Korea & Company, along with Lee Sang-hoon, Vice President and Head of the European Headquarters of Hankook Tire, were promoted and nominated.

The key keyword of this executive appointment is the 'Proactive Leader' emphasized by Chairman Cho. A proactive leader refers to members who work actively and innovatively and lead future industries.

The list of 38 promoted executives includes ▲ 2 Presidents, 1 Vice President, 8 Executive Directors, 6 Managing Directors, and 14 Deputy Managing Directors at Hankook Tire ▲ 1 Deputy Managing Director at Hankook Precision Works ▲ 1 Deputy Managing Director at Hankook Networks ▲ 2 Executive Directors, 2 Managing Directors, and 1 Deputy Managing Director at Korea & Company.

Isu-il, Head of PMI Promotion Team at Hanon Systems, Korea & Company Group
Photo by Korea & Company Group

First, Vice Chairman Lee, appointed as the head of the PMI task force, has been managing Hankook Tire & Technology since being appointed CEO of Hankook Tire in 2018. He is credited with significantly contributing to expanding global sales and strengthening the portfolio of Hankook Tire by expanding partnerships with major automobile brands in the rapidly changing mobility market and launching the world’s first full lineup tire brand dedicated to electric vehicles, 'iON'.

During Vice Chairman Lee’s tenure, Hankook Tire achieved record-high sales and operating profits in 2023. He is regarded as the right person to lead Chairman Cho’s 'Group 10-Year Plan' and will take on the important role of embedding the DNA of Korea & Company Group into Hanon Systems.

Ahn Jong-sun, President and CEO of Hankook Tire & Technology
[Photo by Hankook & Company Group]

Sanghoon Lee, President and CEO of Hankook Tire & Technology
[Photo by Hankook & Company Group]

Furthermore, An, the nominated CEO of Hankook Tire, who joined Korea & Company in 2021, is evaluated to have maximized management efficiency based on the group’s unique organizational culture and established the group’s future strategy. According to Hankook Tire officials, he also strengthened the core competitiveness of the ES (Energy Solution) business division and discovered new businesses such as lithium-ion batteries (LIB), growing the company into a global smart energy solutions enterprise.

In addition, An, the nominated CEO of Hankook Tire, led a remarkable increase in tire sales as the regional head in key global markets such as China and Europe. He solidified the business foundation for mid- to long-term growth while enhancing the premium brand image.

A group official said, "Through this executive appointment, we will strengthen the successful organizational integration following the acquisition of Hanon Systems and enhance the group’s fundamental competitiveness. We will establish ourselves as a high-tech company equipped with proactive capabilities in the rapidly changing global mobility market."

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