Responsive Image Banner

HD Hyundai appoints new chairman

HD Hyundai has promoted executive vice chairman Chung Kisun to chairman as part of the company’s latest round of executive appointments.

HD Hyundai chairman Chung Kisun. (Photo: HD Hyundai) HD Hyundai chairman Chung Kisun. (Photo: HD Hyundai)

The company said the move is aimed at strengthening leadership across the group’s shipbuilding and construction equipment businesses.

Chung will also serve as co-CEO of HD Hyundai XiteSolution, where he will oversee efforts to address challenges in the construction equipment sector and pursue new growth initiatives.

In his role as executive vice chairman, he oversaw strategic initiatives across the HD Hyundai Group. He also founded HD Hyundai Marine Solution in 2016 and led the acquisition of Doosan Infracore in 2021, expanding the group’s construction equipment business.

More recently, his focus has included digital innovation, artificial intelligence, eco-friendly technologies, and international collaboration, including with the United States shipbuilding sector.

He holds a bachelor’s degree in economics from Yonsei University and an MBA from Stanford University, and has held senior roles across the group, including CEO of HD Hyundai Marine Solution and CEO of the holding company, HD Hyundai.

An HD Hyundai spokesperson said the appointment reflects the company’s intent to maintain leadership in core industries while pursuing long-term growth in a competitive global market.

STAY CONNECTED

Receive the information you need when you need it through our world-leading magazines, newsletters and daily briefings.

Sign up

Longer reads
Liebherr LR 1300 comes of age and keeps on going
At 18 how does the 300 tonne capacity LR 1300 lattice boom crawler crane remain so popular?
Global construction equipment sales are still faltering. When will they recover?
Global construction equipment sales should start to come back from the bottom of the cycle next year, according to Off-Highway Research, but there is some uncertainty around the forecast 
Why construction needs to look forward if it wants to handle uncertainty
Dr Alan Manuel, group chief executive of Currie & Brown, on why the global consultant has launched a new Certainty Index
CONNECT WITH THE TEAM
Andy Brown Editor, Editorial, UK - Wadhurst Tel: +44 (0) 1892 786224 E-mail: [email protected]
Neil Gerrard Senior Editor, Editorial, UK - Wadhurst Tel: +44 (0) 7355 092 771 E-mail: [email protected]
Eleanor Shefford Brand Manager Tel: +44 (0) 1892 786 236 E-mail: [email protected]
Peter Collinson International Sales Manager Tel: +44 (0) 1892 786220 E-mail: [email protected]
CONNECT WITH SOCIAL MEDIA
Construction technology survey

Share your views and we’ll give to charity!

Take a quick survey on construction technology and we’ll donate US$3 to Habitat for Humanity for every response.

Take the Survey