Hyundai Motor Group Kim Geol, President and Head of Planning and Coordination Office, Resigns... Appointed Vice Chairman of Chung Mong-Koo Foundation

Expressed Intention to Resign Voluntarily

Kim Geol, the Executive Vice President of the Planning and Coordination Office who oversaw the planning sector of Hyundai Motor Group, is stepping down from his position.

Kim Geol, President and Head of the Planning and Coordination Office, Hyundai Motor Group

According to industry sources on the 22nd, Kim, who served as the Executive Vice President of the Planning and Coordination Office and President in charge of the Global Business Center (GBC) at Hyundai Motor Group, recently expressed his intention to resign. Kim is expected to take on the role of Vice Chairman of the Chung Mong-Koo Foundation.

It is reported that Kim voluntarily decided to resign for the sake of his juniors. He joined Hyundai Motor in 1988 and was appointed Head of Global Strategy in 2009. Since then, he has served as Executive Director, Vice President, and President of the Planning and Coordination Office, acting as a close executive to Chairman Chung Eui-sun and overseeing the group’s planning operations.

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