After barely a year in the biggest office at Hyundai Motor America, CEO Kyung Soo Lee has returned to South Korea, leaving the automaker’s American arm looking for a new boss. Lee served as an interim leader after Hyundai sacked former CEO Dave Zuchowski in December 2016, taking on the top spot last September.
The CEO search comes as Hyundai attempts to reverse falling sales in the United States with a product offensive. There’s also a engine fire problem the feds want Hyundai to answer to.
After Hyundai’s American division canned former CEO David Zuchowski for failing to meet internal sales targets last December, it’s no mystery what Job One is for the new guy.
Kyung Soo Lee, a 61-year-old veteran of the company who started his career back in 1982, takes the helm of a troubled ship next week, Hyundai announced Thursday. As president and CEO, Lee (Kenny to his friends) is responsible for reversing a dismal sales trend that sunk his predecessor, as well as the company’s U.S. fortunes.
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