Hyundai Motor Group has named Chung Eui-sun president of Kia Motors Corp

Hyundai Motor Group has named Chung Eui-sun president of Kia Motors Corp in Korea as of March 1.

Chung Eui-sun, the only son of the group's chairman, Chung Mong-koo, has been Kia's senior executive vice president of operations for the past two years.

Prior, Chung Eui-sun was Kia's executive vice president of domestic marketing and customer services.

The U.S.-educated Eui-sun joined the group's management in 1999 after earning an MBA from San Francisco University.

It is quite apparent that this move signals the automotive group's move to speed up a father-son succession. I see this succession plan as no surprise, in fact, it follows Korean tradition--past and present.

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