Jung Ki-sun Promoted to HD Hyundai Chairman... Transitioning to 3rd-Generation Owner-Management System

➀ Jung Ki-sun, former Senior Vice Chairman of HD Hyundai, has been promoted to Chairman, marking the group's shift from professional management to a third-generation owner-led leadership structure;➁ HD Hyundai announced executive reshuffles ahead of mergers between subsidiaries, including HD Hyundai Heavy Industries-HD Hyundai Mipo and HD Hyundai Construction Equipment-HD Hyundai Infracore, with multiple senior leaders promoted to Vice Chairman roles;➂ The new leadership aims to strengthen competitiveness in shipbuilding and construction machinery sectors, focusing on innovation and collaboration to drive sustainable growth and contribute to national economic development through projects like the 'Mastar Initiative'.