Starting 2025, Hyundai Motor Company Has A New Nahkoda

Hyundai Ioniq 5 facelift. (Doc.Hyundai Motor Group)

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 appointed as HMC leader because he has extensive global experience and can increase competitiveness amid business uncertainty.

"I am happy and motivated by the challenges ahead and want to continue Hyundai's growth trajectory and focus on surpassing customer expectations," Munoz said on the manufacturer's official website, Saturday, November 16.

Men from the United States (US) will be tasked with supervising the implementation of a Progress for Humanity' vision that focuses on customers while building leadership positions in future 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 long been in the automotive business world. Previously, he had served as a high-ranking Nissan officer for 15 years by serving as Chief Performance Officer and Chairman for China and North America.

After achieving success with Nissan, he moved to Toyota Motor Europe and served various management positions there.

Then, Munoz joined Hyundai Motor Company in 2019 as President and COO for global and CEO of Hyundai and Genesis for North America. In 2022, he won the trust to be responsible for Europe, India, the Middle East, Africa, and Asia Pacific.

During his tenure at the South Korean manufacturer, he also led global sales, services, and product planning as part of the Global Operations Division.

During his tenure at North America's Hyundai, Munoz has generated record sales and market share growth of both Hyundai and Genesis brands. It also contributes to companies that are in the top three in global sales.