Hyundai co-CEO Yang Resigns Due to Health Issues
Yang oversaw Hyundai’s activity on is domestic market as well as overseas. As you can see from his title, he shared command of the company, with chairman and founding family member Chung Mong-koo and another top executive being at the helm.
His role will be split between Kim Choong-hu and Kim Seung-tack, with the company set to invest a new CEO. Yang, 58, is leaving Hyundai due to medical problems. However, he will keep an advisory role.
We have to remind you that earlier this monthm we dealt with asimilar story - Carl Peter Forster, CEO of Tata Motors, the man who gave Jaguar Land Rover wings, also resigned due to personal reasons.