Hyundai Motor appointed Jose Munoz as its new president and chief executive, making him the first non-Korean leader of the auto giant.

Hyundai Motor named Jose Munoz, current U.S. chief and global chief operating officer, as co-chief executive officer on Friday, marking a rare appointment of a foreign national to a CEO post at a major South Korean conglomerate.

FILE PHOTO: Jose Munoz, Global President and Chief Operating Officer (COO) of Hyundai Motor Company and the president and CEO of Hyundai Motor North America looks on during the press day preview of the Los Angeles Auto Show in Los Angeles, California, U.S. November 16, 2023. REUTERS/David Swanson/File Photo

Hyundai Motor has named Jose Munoz, its U.S. chief and global chief operating officer, as co-CEO, the first appointment of a foreign national to that rank at a major South Korean conglomerate. The move - along with the appointment of a former U.

Hyundai Motor appointed Jose Munoz as its new president and chief executive, making him the first non-Korean leader of the auto giant.

Hyundai Motor appoints non-Korean as CEO This photo, provided by Hyundai Motor Co., shows Jose Munoz, the company's global chief operating officer and president and CEO of its North American operations for Hyundai and its luxury Genesis brand.