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THE INVESTOR
November 15, 2019
Big Reunion

Automobiles

Hyundai Motor’s heir apparent named director at affiliate Kia

  • PUBLISHED :March 15, 2019 - 15:18
  • UPDATED :March 15, 2019 - 15:18
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Shareholders of Kia Motors voted on March 15 to name Hyundai Motor Group Executive Vice Chairman Chung Eui-sun as director at the key affiliate.   

The automotive conglomerate’s heir apparent has served as a part-time director on Kia’s board, while the carmaker’s President and CEO Park Han-woo, and Kia Executive Vice President Choi Jun-young, served as full-time directors, a company spokesman said. 


Park and Choi were renamed to Kia’s board of directors at a shareholders meeting held in the carmaker‘s headquarters in southern Seoul.

Chung, the only son of Hyundai Motor Group Chairman Chung Mong-koo, as director is widely expected to tighten the reins on the country’s second-biggest carmaker by sales, after Hyundai Motor.

By Ram Garikipati and newswires (ram@heraldcorp.com)

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