HDC Holdings Co. said on the 28th it will appoint Do Gi-tak as CEO effective Feb. 2.
Do, the new HDC Holdings Co. CEO, joined Hyundai Development Company in 1996 and built extensive experience across the group's overall businesses by working in management planning and sales, at the holding company, and at affiliates. Since 2019, right after HDC Holdings Co. launched its holding company structure, Do has been in charge of investment and business planning at HDC Holdings Co., and since 2024 has served as head of finance at HDC Hyundai Development Company.
HDC Holdings Co. said, "In particular, through years of planning work, Do has gained a deep understanding of the group's various institutional sectors and also possesses expertise in finance, making Do a leader who can make a substantive contribution to reshaping the group's future portfolio."
Do, the new HDC Holdings Co. CEO, aims to build a foundation to take a step up as a group with an unshakable future portfolio and sustained growth even in a highly volatile environment.
Meanwhile, marking its 50th anniversary, HDC Holdings Co. is reorganizing its portfolio around life, artificial intelligence (AI), and infrastructure & energy, and its strategy is to actively create new business opportunities by connecting the group's accumulated business capabilities and technologies in construction, IT, retail, and hotels and resorts. To that end, it will promote active information sharing and talent exchanges among affiliates and advance group governance by strengthening the holding company system. It also plans to systematically consolidation the group-level investment value chain to strengthen the revenue model and focus on creating new value in existing business areas by using AI.
[Personnel] HDC Holdings Co.
◇ CEO
▲ Do Gi-tak