HS Hyosung conducted its first regular executive reshuffle since its launch on the 4th, including the promotion of President Im Jin-dal.
In this reshuffle, HS Hyosung promoted Im Jin-dal, Vice President and CEO of HS Hyosung The Class, to President and appointed three new executives, announcing a total of nine executive appointments. This is the first time in over 10 years that a president promotion has been made within the group’s major business companies.
This reshuffle was carried out in accordance with the 'Value and Responsibility Management' policy emphasized by Vice Chairman Cho Hyun-sang of HS Hyosung. In particular, the appointments were made based on the criteria of selecting talents who lead reform and change to achieve the company’s vision based on core values, continuously create results to maximize value, and take responsibility for and execute what they have committed to.
In the past, executive appointments tended to focus on business divisions such as sales and production, but this time it is evaluated as a balanced reshuffle that includes strategy, support, and research and development fields evenly. HS Hyosung Group, which conducted its first regular executive reshuffle, is expected to accelerate value and responsibility management emphasized by Vice Chairman Cho while preparing for the changing management environment in 2025 with a new lineup.
Im Jin-dal, who was promoted to president, was also appointed as CEO of HS Hyosung Advanced Materials in this reshuffle. President Im started his career at the Shanghai branch in China in the core product area of tire cords and played an active role as a China expert by overseeing the industrial materials sector in China. He served as Deputy Head of the Strategy Headquarters managing the group’s overall business and led the Tire Reinforcement PU. While serving as CEO of HS Hyosung The Class, he drove the company’s growth by expanding Mercedes-Benz sales.
With this reshuffle, Shin Deok-su, Executive Director and Head of the Support Headquarters at HS Hyosung Co., Ltd., and Lee Jong-bok, Executive Director and CEO of Hyosung Holdings USA, were each promoted to Vice President. Vice President Shin joined through Dongyang Nylon and has led the company as a strategist through the Hyosung Group Strategy Headquarters and HS Hyosung Advanced Materials’ Management Strategy Office. He is credited with contributing to stabilization since the launch as Head of HS Hyosung’s Support Headquarters. Vice President Lee joined the production department at the Anyang plant, contributed to technology development, and served as plant manager. Since 2008, he has played a significant role in expanding the North American market through the establishment of the US tire reinforcement subsidiary and management of Hyosung Holdings USA.
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