Seoul, South Korea – Hankook Tire Co. Ltd. has promoted 29-year company veteran Soo Il Lee to president and CEO, saying he will serve alongside current CEO Hyun Bum Cho as a “separate representative” of the company.
Hankook did not elaborate on how Lee and Cho will share the CEO’s duties.
Lee’s promotion is one of nearly two dozen executive appointments the company is making to “respond to the global market and customers with more agility.”
The appointments are effective 1 Jan, Hankook said.
Among Lee’s roles during his…