HDC Holdings Co. group said on the 26th it will carry out its 2026 regular executive appointments. In this round, the second son of Chair Chung Mong-gyu was appointed as associate executive director.
According to HDC Holdings Co. group, the appointments were made with a focus on building a sustainable growth system as the group marks the 50th anniversary of its founding next year. In particular, alongside promoting young leaders and technology talent, the group significantly replaced chief executive officers (CEOs) at core affiliates in artificial intelligence (AI), energy, ports, and technology-based manufacturing to strengthen momentum for new businesses.
HDC Holdings Co. group placed management with both expertise and on-site experience at major affiliates to respond to a rapidly changing business environment. At Tongyeong Eco Power, newly appointed CEO Kim Young-han, who has led the project since the initial development stage, will kick-start power generation and eco-friendly energy businesses in earnest. Busan Container Terminal appointed CEO Lee Jong-won, who has extensive experience in port development and operations, and HDC Hyundai PCE appointed CEO Kim Sang-gyun, who started as an engineer. HDC LABS also appointed Choi Sun-young as acting CEO.
In addition, HDC Hyundai Development Company established a leadership structure with specialized capabilities for the chief strategy officer (CSO), the architecture division, and the infrastructure division. The company placed hands-on young leaders at key posts in each business area to secure execution. To that end, it swiftly selected five people in their 30s and 40s out of nine new executives who will lead future growth, and newly appointed and promoted women executives in the technology engineer institutional sector to strengthen women's leadership. As a result, the number of executives aged 40 or younger doubled from six to 12 out of a total of 38, and in particular, executives born in the 1980s expanded to six (16%).
In this personnel move, Associate Executive Director Chung Won-seon, the second son of Chair Chung Mong-gyu, was promoted and appointed head of the DXT office at HDC Hyundai Development Company. Born in 1994, Chung gained practical experience across management at a global consulting firm. The DXT office is a department newly established under the CEO for digital transformation (DX).
Through these appointments, HDC Holdings Co. group plans to further accelerate the expansion of a future-business-centered portfolio and focus on enhancing sustainable corporate value based on energy and AI technologies.