Hyundai Motor Group appointed Shin Jae-won, who has served as the head of Advanced Air Mobility (AAM) and as the chief executive officer (CEO) of Supernal, an urban air mobility corporation in the U.S., as an advisor on the 28th.
A group official noted, "Shin Jae-won has completed the foundation for technology development in future air traffic and judged that a new level of leadership is needed for commercialization beyond this point, which is why this personnel change has been carried out."
Hyundai Motor Group has focused on securing the basic performance of aircraft, such as power systems, structural analysis, aerodynamics, noise, and control logic, as part of the first phase. Based on these achievements, Hyundai Motor Group plans to enter the second phase of preparations for commercialization with new leadership that has strengths in business development and operations.
Shin joined Hyundai Motor Group in 2019, leading the AAM business, and has concurrently served as CEO of Supernal, a future air mobility subsidiary established by Hyundai Motor Group in the U.S., since 2021.
On this day, Shin stated in an internal email sent to Supernal employees, "The AAM business of Hyundai Motor Group has entered a new phase," and emphasized, "New leadership is necessary to carry this out more effectively."
Hyundai Motor Group announced plans to appoint David Rothblatt, head of business development, as the interim chief operating officer (COO) until a new representative for Supernal is appointed.