Hyundai Motor America Names John Krafcik Acting President and Chief Executive Officer
FOUNTAIN VALLEY, Calif., Nov. 24 /PRNewswire/ -- Hyundai Motor America
today announced that John Krafcik has been promoted to Acting President and
Chief Executive Officer of the company. Krafcik will be responsible for
implementation of strategic direction and management of the company's
operations.
Krafcik most recently served as Vice President of Product Development and
Strategic Planning for Hyundai. Krafcik joined Hyundai in April, 2004. Prior
to holding that position he had worked at Ford Motor Company.
"I am honored by the confidence Hyundai Motor Company has shown in me and
very excited to help improve Hyundai's position in the U.S. market and help
Hyundai dealers with a strong strategic vision for the marketing and sales of
our vehicles. While this is a very difficult time in the auto industry
Hyundai's extraordinary products and exceptional value offer us great
opportunities now and in the future."
The company has begun the search to fill Krafcik's prior position.
Jong Eun Kim who has served as President and Chief Executive Officer of
Hyundai Motor America has returned to Hyundai Motor Company headquarters in
Korea.
Hyundai Motor America, headquartered in Fountain Valley, Calif., is a
subsidiary of Hyundai Motor Company of Korea. Hyundai vehicles are
distributed throughout the United States by Hyundai Motor America and are sold
and serviced by more than 790 Hyundai dealerships nationwide.
