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Munos joined Hyundai Motor 5 years in the past in 2019 as its world chief working officer.
Jose Munoz. (Photo Credit: His LinkedIn Profile)
Hyundai Motor has appointed Jose Munoz, present US chief and world chief working officer, as its new chief govt officer (CEO), with impact from January 1, 2025, in accordance with an organization assertion on Friday. The appointment has made Munoz the primary foreigner to steer the South Korean conglomerate.
Munos joined Hyundai Motor 5 years in the past in 2019 as its world chief working officer. He was in cost for the carmaker’s north and south American enterprise. Prior to that, he served at Nissan Motor for 15 years, together with as chairman of its China unit.
The 59-year-old Munoz, born in Spain, will change Jaehoon Chang, which is able to proceed with the group as vice-chairman of its automotive division.
“Munoz is appointed as the primary non-Korean CEO of Hyundai Motor … is anticipated to boost the corporate’s world administration programs and additional elevate its stature as a number one world model,” Hyundai mentioned in a press release.
The appointments, which also include Sung Kim, a former U.S. diplomat and a US special representative for North Korea, as president of Hyundai Motor Company, are part of the company’s aim to “better prepare for uncertainties in the global business environment,” it mentioned.
Who is Jose Munoz?
Jose Munoz serves as the worldwide president and COO of Hyundai Motor Company, in addition to the president and CEO of Hyundai and Genesis Motor North America.
His function consists of overseeing strategic efficiency initiatives throughout Europe, India, and the Middle East & Africa. Muñoz is instrumental in Hyundai’s world expertise technique, specializing in buying and retaining expertise in rising tech sectors. He additionally directs world gross sales, service, and product planning by means of Hyundai’s Global Business Operations Division, as per his LinkedIn profile.
Operating out of Hyundai’s US headquarters in Fountain Valley, California, Muñoz is chargeable for your complete American market, encompassing Hyundai Motor’s operations throughout North, Central, and South America as the pinnacle of the Hyundai Motor Americas Region.
Before becoming a member of Hyundai, Munoz held the function of Chief Performance Officer at Nissan Motor Corporation and served as Chairman of Nissan China. During his 15-year tenure with Nissan, starting in 2004, he drove record-breaking progress and gross sales in his areas of duty.
Muñoz holds a PhD in nuclear engineering from the Polytechnic University of Madrid and an MBA from Instituto de Empresa (IE) Business School in Madrid. He has additionally accomplished govt packages at Cranfield School of Management within the UK and INSEAD in France.
