HD Hyundai Appoints Third-Generation Heir as Chairman, Signaling Leadership Transition

SEOUL, Oct. 17 (Korea Bizwire) – HD Hyundai, South Korea’s leading shipbuilding conglomerate, said Friday it has appointed Executive Vice Chairman Chung Kisun, the third-generation member of the founding family, as chairman, marking a shift to an owner-led management structure. The move ends the professional management system that had been in place for decades. Outgoing [...]