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[BUSINESS] · South Korea · 2 sources

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HD Hyundai announces 2026 executive appointments

HD Hyundai has conducted its 2026 regular executive appointments, following the leadership changes announced last month. The reshuffle focuses on strengthening global business competitiveness and securing future growth engines.

Key highlights of the appointments include the promotion of seven individuals to Vice President, including Seol Gwi-hun of HD Hyundai Heavy Industries, and 23 individuals to Senior Vice President, including Shim Seong-woo of HD Construction Equipment. Additionally, 47 new executives were appointed as Managing Directors.

The company emphasized selecting talent capable of driving AI transformation (AX) and digital transformation (DX) to create synergies with existing business sectors. The appointments also prioritize professionals with the expertise and execution capabilities required to expand overseas operations.

In November, HD Hyundai plans to hold its 2027 Management Plan Strategic Meeting, involving presidents from all affiliates, to finalize business plans and implementation roadmaps for the coming year.

Entities

HD Construction Equipment · HD Hyundai · HD Hyundai Heavy Industries · HD Hyundai Oilbank · Seol Gwi-hun