The Korean carmaker Hyundai Motor Company has announced that José Muñoz, President & COO of Hyundai Motor Company, has joined its management board.
Muñoz will be a Member of the Board of Directors of Motional, a joint venture between automotive technology expert Aptiv and the Hyundai Motor Group, effective May 10, 2022.
With his expanded role, Muñoz will be based in the United States and South Korea, the company added.
In his new role, he will be responsible for driving greater performance in key strategic regions, including Europe, India, the Middle East, and Africa, an official statement from the company said.
Additionally, he will lead global talent acquisition and management along with the global sales, service, and product planning as part of the Global Business Operations Division, the release added.
While retaining his current position at the company, Muñoz will also launch the new global Product Line Management and Product Director Office, the company added.
Alongside his new position, he will also become a Member of the Hyundai Motor Company Board of Directors following the approval of the general shareholder’s meeting in March 2023.
Jaehoon Chang, President and CEO, Hyundai Motor Company, said, “Jose is a definitely proven leader and we expect his expanded role will greatly enhance our global operational excellence.”
A Ph D in nuclear engineering from the Polytechnic University of Madrid and an Executive MBA from IE Business School in Madrid, Muñoz has also completed executive management programmes from Cranfield School of Management in the UK and INSEAD Business School in France.
Prior to joining Hyundai in 2019, he was the Chief Performance Officer for Nissan Motor Corporation and the Chairman of Nissan China and North America. During his 15-year tenure, he achieved significant profit growth and record sales. He also held multiple management positions at Toyota Motor Europe.