Connect with us


Uncategorized

Hyundai sacks U.S. CEO Dave Zuchowski

Published

on

The U.S. CEO of Korean automaker Hyunda, Dave Zuchowski has been fired.

Jerry Flannery, who was serving as executive vice president and general counsel, will take over temporarily as CEO of the division, known as Hyundai Motor America.

The company had no immediate comment Wednesday on the reason for Zuchowski’s termination. Hyundai brand vehicle sales were up 2.1% through November, compared to the same period in 2015, according to Autodata Corp.

“We appreciate Dave’s decade of service to Hyundai, especially his leadership as president and CEO, which has made us a stronger organization,” Flannery said in a statement. “I look forward to working closely with our dealers, affiliates, senior management and our talented and hard-working employees across the country to realize Hyundai’s full potential.”

It’s not the first time Hyundai has carried out an abrupt transition in its American leadership team. The company’s previous U.S. CEO, John Krafcik, exited in surprising fashion in 2013 after a celebrated tenure and was replaced by Zuchowski.

Krafcik later joined tech giant Google as CEO of the company’s self-driving car project, where he announced plans this month to rename the division Waymo.

Nigeria’s top youth newspaper - actively working to deliver credible news, entertainment, and empowerment to 50 million young Africans daily.

Advertisement
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Trending