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Munos joined Hyundai Motor 5 years previously in 2019 as its world chief working officer.
Jose Munoz. (Photo Credit: His LinkedIn Profile)
Hyundai Motor has appointed Jose Munoz, current US chief and world chief working officer, as its new chief govt officer (CEO), with influence from January 1, 2025, in accordance with a corporation assertion on Friday. The appointment has made Munoz the first foreigner to steer the South Korean conglomerate.
Munos joined Hyundai Motor 5 years previously in 2019 as its world chief working officer. He was in value for the carmaker’s north and south American enterprise. Prior to that, he served at Nissan Motor for 15 years, along with as chairman of its China unit.
The 59-year-old Munoz, born in Spain, will change Jaehoon Chang, which is ready to proceed with the group as vice-chairman of its automotive division.
“Munoz is appointed as the primary non-Korean CEO of Hyundai Motor … is anticipated to boost the corporate’s world administration programs and additional elevate its stature as a number one world model,” Hyundai talked about in a press launch.
The appointments, which additionally embody Sung Kim, a former U.S. diplomat and a US particular consultant for North Korea, as president of Hyundai Motor Company, are a part of the corporate’s purpose to “better prepare for uncertainties in the global business environment,” it talked about.
Who is Jose Munoz?
Jose Munoz serves because the worldwide president and COO of Hyundai Motor Company, along with the president and CEO of Hyundai and Genesis Motor North America.
His operate consists of overseeing strategic effectivity initiatives all through Europe, India, and the Middle East & Africa. Muñoz is instrumental in Hyundai’s world experience approach, specializing in shopping for and retaining experience in rising tech sectors. He moreover directs world product sales, service, and product planning by the use of Hyundai’s Global Business Operations Division, as per his LinkedIn profile.
Operating out of Hyundai’s US headquarters in Fountain Valley, California, Muñoz is chargeable to your full American market, encompassing Hyundai Motor’s operations all through North, Central, and South America as the top of the Hyundai Motor Americas Region.
Before changing into a member of Hyundai, Munoz held the operate of Chief Performance Officer at Nissan Motor Corporation and served as Chairman of Nissan China. During his 15-year tenure with Nissan, beginning in 2004, he drove record-breaking progress and product sales in his areas of responsibility.
Muñoz holds a PhD in nuclear engineering from the Polytechnic University of Madrid and an MBA from Instituto de Empresa (IE) Business School in Madrid. He has moreover achieved govt packages at Cranfield School of Management inside the UK and INSEAD in France.
News enterprise Hyundai Motor Appoints Jose Munoz As CEO; First Foreigner To Lead South Korean Auto Giant
