Hyundai Motor America Names
John Krafcik Acting President And CEO
FOUNTAIN VALLEY, Calif. - 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
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
(Nov. 24, 2008)