Wednesday, August 16, 2006

New Anglo CEO at Korean Car Maker Ssangyong

I think it's interesting Korean car maker Ssangyong (twin dragons) hired an Anglo....but he was head of GM China...and Ssangyong is controlled by Shanghai Auto.

Nevertheless, another more Korea car makers now has a Anglo executives... GM Daewoo, Renault Sansung and now Ssangyong...

Murtaugh steps into S. Korean strike
Vivian Jin
SSANGYONG Motor Company, controlled by China's Shanghai Automotive Industrial Corp, appointed Philip Murtaugh as its new co-chief executive officer in the midst of a work strike at the South Korean company.

Murtaugh, who replaced Jiang Zhiwei, is expected to take a lead role in strengthening the competitiveness of Ssangyong in cooperation with two other co-CEOs, SAIC said yesterday.

Murtaugh, a 52-year-old veteran of China's automotive market, was added to SAIC's management team in June as executive vice president responsible for overseas expansion at the nation's second-largest automaker.

Murtaugh's appointment to his latest position came after a strike last Thursday by the 5,700 members of Ssangyong's labor union.

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