JAKARTA - Hyundai Motor Company (HMC) announced the appointment of Jose Munoz as President and CEO of the company as of January 1, 2025. He will fill the position vacated by the current head of the company, Jaehoon Chang who was promoted to Vice Chairman of Hyundai Motor Group.
Munoz was appointed as HMC's leader because he has extensive global experience and can increase competitiveness amidst business uncertainty.
"I am excited and motivated by the challenges ahead and want to continue Hyundai's growth trajectory and focus on exceeding customer expectations," Munoz said on the manufacturer's official website, Saturday, November 16.
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The man from the United States (US) will be tasked with overseeing the implementation of the "Progress for Humanity" vision that focuses on customers while building its leadership position in next-generation mobility, including electrification, diversification of powertrain offerings, and hydrogen technology.
In addition, Munoz will also focus on advancing the company's global management system to further strengthen Hyundai's status as a global brand.
Munoz has been in the automotive business for a long time. He previously served as Nissan's top executive for 15 years, serving as Chief Performance Officer and Chairman for China and North America.
After achieving success with Nissan, he moved to Toyota Motor Europe and held various management positions there.
Munoz then joined Hyundai Motor Company in 2019 as President and COO for global and CEO of Hyundai and Genesis for North America. In 2022, he was entrusted with responsibility for Europe, India, the Middle East, Africa, and Asia Pacific.
During his tenure at the South Korean manufacturer, he also led global sales, service, and product planning as part of the Global Operations Division.
During his tenure at Hyundai North America, Munoz has delivered record sales and market share growth for both the Hyundai and Genesis brands. This also contributed to the company ranking in the top three in global sales.
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