Hyundai Motor America Names New CEO
Hyundai Motor America has named Kyung Soo (Kenny) Lee, one of the most respected leaders in Hyundai's global operation, as its new President and CEO.
Mr. Lee will be responsible for Hyundai's U.S. sales and marketing and will take over President and CEO duties starting on September 18 while the interim President Jerry Flannery has returned to his position as the company's executive vice president, chief legal and safety officer.
"Mr. Lee has an in-depth understanding of Hyundai Motor's global operation, following nearly two decades in diverse markets around the world, including the U.S., Europe and Latin America," said Won-hee (Wayne) Lee, president and CEO, Hyundai Motor Company. "I would like to personally thank Jerry Flannery for his leadership and the stability he brought to the organization while serving as interim president and CEO."
Mr. Lee, 61, began his career with Hyundai in 1982 and was most recently the president and CEO of Hyundai Translead, a manufacturer of dry and refrigerated van trailers, container chassis and converter dollies. He has played crucial roles in various positions in the U.S. for more than 10 years, adding to his expertise in overseas markets and ensuring that he is well qualified to lead the U.S. market.
Making his response Mr. Kenny Lee said, :
"I'm honored and motivated to have been selected to lead Hyundai Motor America in one of the most interesting times in the automotive industry's history and to reinvigorate momentum in the strategically important U.S. market.
"We have significant opportunities ahead of us. I'm looking forward to supporting our tremendous employee and dealership base and launching exciting new vehicles and technologies in the near future and beyond. I am confident we're heading to new levels of success," Mr. Kenny Lee affirmed.