Hanon Systems Changes Representative Executive Officers

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Dec 17, 2018, 07:12 ET

SEOUL, South Korea, Dec. 17, 2018 /PRNewswire/ -- Global automotive supplier Hanon Systems (KS: 018880) today announced its Board of Directors has appointed three representative executive officers to lead the company: Jeong Won (Jay) Son, president and chief executive officer; Nurdal Kücükkaya, president; Min Suk Sung, executive vice president. The new positions are effective Jan. 1, 2019.

In-Young Lee, who held the role of representative executive officer and CEO since July 2015, will retire from his role at the end of 2018 and continue to act as an executive advisor to the company.

Hanon Systems Chairman of the Board and Chairman of Hahn & Company, the company's majority shareholder, Yeo-Eul Yoon said, "Hanon Systems will continue to focus on the competitiveness of its business and work to secure future growth to drive long-term value. The representatives, who are specialized in individual business areas, have been appointed to maximize the company's operational efficiency and strengthen functional excellence as it expands its global business."

All three of the new representative executive officers have a long tenure with the company. Most recently, Jay Son served as chief operating officer; Nurdal Kücükkaya was chief customer officer; and Min Suk Sung led the company's product strategy and manufacturing operations.

About Hanon Systems
Hanon Systems is a full-line supplier of automotive thermal and energy management solutions for conventional and electrified vehicles. Its offering includes a wide range of solutions in the areas of heating ventilation and air conditioning; powertrain cooling; compressor; fluid transport; and thermal and emissions. The company currently employs more than 16,500 people across 20 countries at its 40 manufacturing and 18 engineering sites. To learn more, visit hanonsystems.com.

SOURCE Hanon Systems