Hyosung TNS and Hyosung ITX Restructure Management with Former Samsung Executives (Comprehensive)

Hyosung Group affiliates Hyosung TNS and Hyosung ITX each appointed a new CEO from Samsung on the 18th. This personnel change aims to accelerate the development of new businesses and the expansion of global markets.

Changseop Choi, CEO of Hyosung TNS [Photo by Hyosung TNS]

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Hyosung TNS announced that it officially appointed Bangseop Choi as CEO at a board meeting held that day. The newly appointed CEO Choi will officially begin his duties on the 19th.

CEO Choi graduated from Seoul National University with a degree in Mechanical Design Engineering and joined Samsung Electronics in 1987. He gained diverse experience in development, marketing, sales, and strategy, and served as the head of global strategic marketing for Samsung Electronics' Mobile Experience (MX) business in 2022.

He led Samsung Electronics' European sales division, achieving the number one position in the European TV market, and as head of the mobile division at the U.S. subsidiary and MX strategic marketing office, he is credited with driving the global sales and market share expansion of Samsung smartphones.

Hyosung TNS expects to take a further leap in expanding global markets such as the U.S. and Europe based on CEO Bangseop Choi’s extensive experience and global mindset.

Hong Hye-jin, New CEO of Hyosung ITX
Photo by Hyosung ITX

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Hyosung IT affiliate Hyosung ITX also held an extraordinary general meeting and board meeting on the same day, appointing Hyejin Hong, Head of IT Strategy at Hyosung Co., Ltd. (Vice President), as the new CEO.

Hyosung ITX transitioned to a dual CEO system with Kyunghwan Nam leading the existing business sectors such as contact centers, and the newly appointed CEO Hyejin Hong leading the IT new business sector. The company explained that this was to maximize synergy effects through responsible management of each business sector.

CEO Hong is an IT expert who has led IT strategy and marketing for over 30 years at Samsung Electronics and Samsung SDS. She graduated from Seoul National University with a degree in Computational Statistics in 1988 and earned a master's degree in Technology Management from the University of Pennsylvania in 2008.

While serving as Vice President at Samsung SDS, she led the entire value chain business including IT solution and service planning, development, marketing, and sales. Hyosung ITX expects to expand its IT business sector based on CEO Hong’s business insight and extensive network.

CEO Hong stated, "I will take charge of and nurture new business divisions such as digital transformation and Internet Data Centers (IDC)," adding, "I plan to devote all efforts to discovering new future businesses."

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