Hankook Tire Announces New Executives for 2018

SEOUL, South Korea, Dec. 8, 2017 /PRNewswire/ -- Hankook Tire announced new executive appointments made to further its goal of becoming a global top-tier company by enhancing global competitiveness. The changes will take effect on January 1, 2018.

Hankook Tire appointed Soo Il Lee as President & CEO of Hankook Tire. He will serve alongside CEO Hyun Bum Cho as a separate representative of the company.

Lee will oversee Hankook Tire's management, using experience gained by serving as COO of Hankook Tire's America & China Headquarters, and as Chief Marketing & Corporate Management Officer. With President Lee's global expertise, Hankook Tire will continue the 29 years of professional management system that started from 1988 and focus on accelerating growth as a global top-tier company.

Along with President Lee, one Executive Vice President, five Senior Vice Presidents and seventeen Vice Presidents were also appointed. Hankook Tire has restructured its organization to respond to the global market and customers with more agility.

Vice Chairman Seung-hwa Suh, serving as the CEO of Hankook Tire since 2007 and leading the company's growth towards a global top tier company, will retire and serve in an advisory role.

[Profile of Key Figure]

Soo Il Lee, President & CEO (born 1962, 55)
1987 Joined Hankook Tire
2006 Vice President & Director of Marketing Department
2009 Senior Vice President & COO of America Headquarters
2013 Senior Vice President & COO of China Headquarters
2016 Executive Vice President & COO of China Headquarters
2017 Executive Vice President & Chief Marketing Officer / Chief Corporate Management Officer

[Promotion / As of January, 1, 2018]

President & CEO
Soo Il Lee, Hankook Tire Separate Representative

Executive Vice President
Dong Whan Moon, COO of Production Division

Senior Vice President
Sung Ho Chung, Plant Managing Director of Chongqing Plant, China Headquarters
Seung Bin Lim, Division Director of Marketing Division
Sang Hoon Lee, Department Director of Sales and Strategy, China Headquarters

Vice President
Yong Sub Chung, Managing Director of Australia, ASIA Region
Eui Don Suh, Plant Managing Director of Jiaxing Plant, China Headquarters
Man Joo Kim, Department Director of Distribution, ASIA Region
Hyang Bong Kim, Team Manager of Jiangsu Plant, China Headquarters
Byung Hee Kim, America Headquarters Corporate Management Team Manager

About Hankook Tire Co., Ltd.
Hankook Tire (Vice Chairman & CEO: Seung-hwa Suh) is one of the world's top five companies in the mass production of tires. The company is dedicated to leading the industry in innovation with its proven technological excellence. It offers award-winning products through five R&D centers and eight production facilities around the world. It is also committed to actively investing in the expansion of its core capabilities, allowing the company to deliver consumers the utmost in driving satisfaction. Hankook Tire produces superior quality, high performance radial tires for passenger cars, 4x4s, SUVs, light trucks, campers, trucks, buses and motorsport vehicles. It currently employs approximately 22,000 people around the world, and its products are available in over 180 countries.

For more information, visit Hankook Tire's global website at www.hankooktire.com/global.

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SOURCE Hankook Tire