Hyundai Motor Company has recently made a leadership change and has announced that Munoz will be their new CEO. Some of the years of experience in the auto industry make Munoz one of the most experienced auto industry executives. He is coming to Hyundai with a lot of knowledge and experience, which is very important in achieving more in the company.
Jose Munoz has worked in the auto industry for more than a quarter of a century and he has had many managerial positions within such giants as General Motors, Ford Motor Company, and Renault. Finally, he is the former Chief Performance Officer of Volkswagen Auto Group; he was responsible for the company’s performance management, effective for restructuring the car manufacturing giant.
During his tenure at Volkswagen, they underwent a positive change in their performance and his years of experience, in strategic planning and operational and organizational changes is indeed going to prove advantageous to Hyundai.
The Hyundai Motor Company is the largest car maker company in South Korea and has a reputation for producing competitive and cheap cars. They have experienced certain percentage growth rate increases in the recent past and have current strategic policies to penetrate the international market.
Currently spearheaded by Jose Munoz, the company may well maintain, if not even surpass, the levels they demonstrated in their growth. Both the company and its management will certainly benefit from his experience and leadership which will enable them to realize their vision and become one of the leading players in the international auto market.
Speaking in the Hyundai statement, Munoz said, ‘I am honored and thrilled to join Hyundai Motor Company at this pivotal time.’ I am excited about the opportunity to join the outstanding team of Hyundai and to further developments of this brilliant company in the future.
Hyundai Motor Company is expected to have Jose Munoz as its CEO starting September this year, 2021. The management of the company and its stakeholders believe that with Munoz at the helm, the company will be able to record more successes to remain one of the top auto manufacturers in the world.