HD Hyundai announced executive appointments for 2026 on October 7. The reshuffle aims to enhance the competitiveness of its core shipbuilding business and improve safety management capabilities by placing experts in key positions.
On this day, HD Hyundai appointed Lee Sang-kyun, Vice Chairman of HD Hyundai Heavy Industries, as the Vice Chairman overseeing the shipbuilding division. He will be responsible for identifying key tasks to strengthen the capabilities of HD Korea Shipbuilding & Offshore Engineering, HD Hyundai Heavy Industries, and HD Hyundai Samho, as well as developing response strategies and detailed action plans for each company. Additionally, he will actively pursue new ventures, including the engine generation business for data centers and entry into the small modular reactor (SMR) market.
Notably, the appointments reflect a strong commitment to enhancing workplace safety. Jo Min-soo, the Vice President representing the shipbuilding division at HD Hyundai Heavy Industries, has been promoted to President and designated as the Chief Safety Officer.
Born in 1966, Jo Min-soo is recognized as a field expert in the shipbuilding industry, having spent his career on-site. He is regarded as the right person to maximize the implementation of safety measures based on his extensive experience and knowledge.
With this reshuffle, HD Hyundai Heavy Industries will have Lee Sang-kyun and Jo Min-soo serving as co-presidents, while Kim Seok-ho will focus on his role as the Chief Executive Officer for management support.
Additionally, Han Joo-seok, Vice President of the Engine Machinery Division at HD Hyundai Heavy Industries, and Park Chan-hyuk, Vice President of HD Hyundai Site Solutions, have also been promoted to President.
Han Joo-seok, born in 1966, studied mechanical engineering at the Naval Academy and joined the engine division of HD Hyundai Heavy Industries in 1994. He has over 33 years of experience in design, research and development (R&D), production, and sales of marine engines. He plans to actively pursue synergies with subsidiaries HD Hyundai Marine Engine and HD Hyundai Engine, as well as oversee the expansion of the data center engine factory, which HD Hyundai plans to invest 830 billion won in.
Park Chan-hyuk, born in 1962, studied mechanical engineering at Hanyang University. He is a production and quality expert with extensive experience in construction machinery production. He has held various leadership roles, including heading overseas subsidiaries in Europe and China, and was appointed as the new co-CEO of HD Hyundai Site Solutions in September.
HD Hyundai plans to finalize its business strategy for the upcoming year following further executive appointments and management strategy meetings. A company representative stated, "This reshuffle demonstrates our commitment to strengthening the capabilities of our core shipbuilding business while prioritizing workplace safety."
* This article has been translated by AI.
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