Hanon Systems Appoints Sung Min-seok as President and CEO... Dual CEO Structure Implemented

Transition to a Two-Person System with Sung Min-seok and Neodal Excluding President Son Jung-won

[Asia Economy Reporter Kim Ji-hee] Hanon Systems announced on the 18th that it has appointed Sung Min-seok as the new President and Chief Executive Officer (CEO). Additionally, the company changed its three-person co-CEO executive structure, which had been in place since 2019, to a two-person system.

With Son Jeong-won being appointed as Vice Chairman, Hanon Systems will now operate under a two-person leadership structure consisting of the new President Sung and President Nurdal Kuchukaya. President Sung will serve as the CEO of Hanon Systems.

Yoon Yeo-eul, Chairman of the Hanon Systems Board and Chairman of Han & Company, stated, “Through this personnel change, Hanon Systems will more effectively respond to changes in the global market as an innovative leader in thermal energy management solutions, maximizing operational efficiency and continuing sustainable growth.”