HS Hyosung Appoints Kyu Young Kim as Group's First Professional CEO in History

First Professional Manager Appointed as Chairman in 60-Year History of Hyosung Group
Reflects Vice Chairman Hyun Sang Cho's Long-Held Belief

On December 9, HS Hyosung carried out its regular executive appointments for 2026, including the appointment of Kyu Young Kim as Chairman. In this round of appointments, HS Hyosung named former Hyosung Group Vice Chairman Kim as the new Chairman of HS Hyosung Group, promoted Sungjin Song, Head of the Transworld PU, and Yang Jeonggyu, Executive Director and CEO of HS Hyosung Information Systems Co., Ltd., to Vice President positions, and appointed two new executives, announcing a total of 10 executive personnel changes.

Profile photo of Kyu Young Kim, Chairman of HS Hyosung. HS Hyosung

Regarding the appointment of former Vice Chairman Kim as Chairman, the company explained, "This reflects Vice Chairman Cho Hyun-sang's long-held belief that 'the HS Hyosung family is the most valuable asset, and anyone with the capability can become the group’s Chairman.'" Vice Chairman Cho has emphasized, "Even if someone is not an owner, a prepared leader who can maximize value should lead the group. That is value-based management."

This round of appointments was made based on the following selection criteria: talent to lead value-based management grounded in technology and quality, individuals who have contributed to the company's growth based on performance, and the identification and development of talent rooted in diversity.

The appointment of Chairman Kim is regarded as a symbolic move representing value-based management grounded in technology and quality. Chairman Kim joined Dongyang Nylon, the predecessor of Hyosung Group, as a new employee in 1972 and has served as Plant Manager at Eonyang and Anyang, President overseeing China, Chief Technology Officer (CTO) and Head of the Technology Institute at Hyosung Group. In particular, he contributed to the establishment of fiber technology, including the development of spandex, and the improvement of technological quality. From 2017, he served as CEO of Hyosung Group's holding company for eight years.

Vice President Sungjin Song is contributing to the growth of HS Hyosung Group by overseeing supply chain stabilization and logistics operations, which are key issues in modern management. Vice President Yang Jeonggyu has led the artificial intelligence (AI) and digital transformation (DX) business, one of HS Hyosung’s core sectors, and has delivered strong results over the years. Leveraging his capabilities, which have established a dominant position such as achieving the No. 1 spot in the domestic high-end storage market for 11 consecutive years, he plans to further strengthen HS Hyosung Group's AI/DX business division.

In the planning and management division, Park Changbeom has been newly appointed as an executive. Park has distinguished himself over a long period in talent development and organizational culture improvement, establishing a foundation for the organization’s sustainable growth. He will lead the talent development and organizational culture improvement initiatives that began with the launch of HS Hyosung Group.

Among the new female executives, Jeong Yujo has been appointed. Jeong, who joined Hyosung Group through open recruitment, has worked in the management planning, ESG management, and new business teams, making her a planning specialist. Last year, she received the "Proud Working Mom of Korea" and the "2024 HS Hyosung Person of the Year" awards. She is currently leading the new business team at HS Hyosung Advanced Materials, spearheading the discovery of new business opportunities.

With these regular executive appointments, HS Hyosung Group aims to proactively respond to the rapidly changing market environment, establish a foundation for sustainable growth, and continuously strengthen the "value-based management" emphasized by Vice Chairman Cho Hyun-sang.

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