HDC Hyundai EP Appoints Shin Woochul as CEO

On February 23, HDC Group announced that it has appointed Shin Woochul, former Executive Director of Sena Technologies, as CEO of HDC Hyundai EP.

CEO Shin is a professional manager in the global advanced materials sector who has spent about 30 years at chemical and materials affiliates of Samsung and Lotte Group, starting his career in the chemical division of Samsung Cheil Industries.

In 2018, he oversaw European operations as head of the German subsidiary of Lotte Advanced Materials. In 2023, he served as head of marketing for Lotte Chemical's advanced materials business, and last year he was Executive Director in charge of European sales at Sena Technologies, a global telecommunications device company.

The group stated, "With his extensive business management experience and deep understanding of the advanced materials industry as a whole, he is the right person to lead the strengthening of HDC Hyundai EP's business competitiveness and the expansion of its growth base."

HDC Hyundai EP is an advanced materials company that produces engineering plastics essential for the automotive, electrical and electronics, and construction industries. Last year, it posted sales of 992.6 billion won and operating profit of 49.5 billion won.