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Change of Course at Hyundai, Krafcik Out as CEO

Dec. 27, 2013
“It’s been a sincere privilege and honor to lead Hyundai Motor America over the past five years," said outgoing President and CEO John Krafcik.

Hyundai Motor America will have a new face behind the wheel as of Jan. 1.

The company has named David Zuchowski, the current executive vice president of sales, as its new president and CEO. Zuchowski will replace President and CEO John Krafcik, whose contract ends Dec. 31.

“It’s been a sincere privilege and honor to lead Hyundai Motor America over the past five years, and I am confident that with Dave’s succession, our brand will continue to expand and thrive for years to come,” said Krafcik.

With Krafjik at the head of the company, Hyundai Motor America experienced significant gains in sales volume and market share and snagged a number of industry awards.

“I am both humbled and excited to lead Hyundai Motor America into the next chapter by continuing to build on John’s great legacy, and focusing on what matters most – building the highest quality, safest and most diverse fleet of models that customers love,” said Zuchowski.

Zuchowski, who has worked for Hyundai North America since 2007 and is a veteran of Ford Motor Co. (IW 500/8), has 33 years of experience in the automotive industry.

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