What is unusual about this story is that this is 2nd major executive to leave in the past year. In March, Head of Research and Design Lee Hyun-Soon retired. A major part of Hyundai's success during the recession was manufacturing vehicles whose reliability rivaled those of Honda at significantly lower prices. Hyundai also pushed into the growing Chinese market under Yang. Hyundai's challenges in coming years will be to continue that growth without these 2 key executives.
Articles Mentioned:
http://online.wsj.com/article/SB10001424052970204138204576602682341427992.html?mod=WSJ_auto_LeadStoryCollection
(Image) http://www.motortrend.com/roadtests/coupes/1004_2011_mustang_v6_vs_2010_genesis_coupe_3_8_vs_2010_camaro_rs_vs_2010_challenger_se/photo_71.html#photo
1 comments:
What surprise me, even though the company recorded major success they still cahnges their its C-suite every two or three years. Hyundai could continue that growth with Yang Seung-suk without any loss. So where is the main reason of such frequent switching position?
Post a Comment