José Muñoz, Hyundai Motor’s U.S. chief and global COO, became the first foreign national co-CEO at a South Korean conglomerate on Friday. The announcement comes with a host of other switch-ups in Hyundai’s ranks as it prepares for expected tariff hikes and EV subsidy cuts under the incoming Trump administration.

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.

Hyundai Motor Group plans to appoint Jose Munoz as chief executive officer, making him the first foreigner to lead the automaker as it seeks to grow outside its home country, the Korea Economic Daily reported.

Hyundai Motor Co. appointed Jose Muñoz as global president and CEO, recognizing his leadership in record sales and EV advancements.

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

Hyundai has named chief operating officer Jose Muñoz as its new global CEO. He will take the reins on 1 January from Jaehoon Chang, who has been promoted to vice chair of the company's automotive division. Born in Spain, Muñoz will be the first non-Korean to lead Hyundai Motor Company since it was founded in 1967.

Seoul/IBNS: Hyundai Motor Group has appointed Jose Munoz as its Chief Executive Officer, marking the first time a foreign national will lead the South Korean automaker.

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 has named chief operating officer José Muñoz as the first foreign leader of the world’s third-largest carmaker, as the South Korean company gears up for Donald Trump’s second presidency.

Hyundai Motor has appointed José Muñoz, head of U.S. operations and global chief operating officer, as its first foreign CEO, marking the first time a major South Korean company has appointed a foreign CEO.

Hyundai Motor Company has appointed its first foreign chief executive officer (CEO) in an attempt to expand the company outside of South Korea and solidify its leadership in areas such as electrification.