Hankook & Company has appointed Kim Joon-hyun, former executive vice president in charge of the firm’s overall management, as its new Co-CEO in recognition of his expertise in mapping out the firm’s mid- to long-term growth strategy, the company said Tuesday. The latest reshuffle of top management marks the company’s shift to a dual leadership structure. Before Kim’s appointment, Co-CEO Park Jong-ho led the firm as a sole leader. Hankook & Company explained that the dual leadership system is aimed at strengthening its strategic functions and accountability, while at the same time pursuing mid- to long-term growth and enhancing shareholder value. Kim will lead overall management, while Park will oversee the firm’s battery business. The newly appointed CEO will be responsible for establishing and executing the firm’s long-term growth strategies, improving portfolio value and enhancing financial soundness and capital efficiency. He will also advance its governance system. Kim started his career at Samil PwC and previously took on senior roles at CJ CheilJedang where he served as he
Hankook & Company names new CEO
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