Kia shareholders name new co-CEO, shares fall


SEOUL, March 21 (Reuters) - Shareholders of Kia Motors Corp approved on Friday the appointment of Kim Ik-whan as new co-CEO, replacing the son of the Hyundai Motor Group chairman, a move analysts say was the result of poor earnings. Kim was named vice chairman last year. Chung Eui-sun, son of Hyundai Motor Co chairman Chung Mong-koo, will continue to serve as the company's president for overseas business, a spokeswoman said. Following the news, Kia shares fell 2.12 percent to 11,550 ...

Premium Content (PAID Subscription Required)

"Kia shareholders name new co-CEO, shares fall" is part of the paid WardsAuto Premium content. You must log in with Premium credentials in order to access this article. Premium paid subscribers also gain access to:

  All of WardsAuto's reliable, in-depth industry reporting and analysis
  Hundreds of downloadable data tables including:
  •   Global sales and production data by country
  •   U.S. model-line inventory data
  •   Engine and equipment installation rates
  •   WardsAuto's North America Plant by Platform forecast
  •   Product Cycle chart
  •   Interrelationships among major OEMs
  •   Medium- and heavy-duty truck volumes
   •  Historical data and much more!

For pricing and subscription information please contact
Lisa Williamson by email: or phone: (248) 799-2642

Current subscribers, please login or CLICK for support information.

Already registered? here.


Follow Us

Sponsored Introduction Continue on to (or wait seconds) ×