Hyundai Department Store Group said on the 30th it will carry out its regular executive appointments for a total of 48 people, including 27 promotions and 21 transfers, effective Jan. 1, 2026, including one president and two executive vice presidents. The scope of personnel moves is similar to previous years, and most affiliate presidents will remain in their posts.
In this reshuffle, Min Wang-il (58), executive vice president and head of management support at Hyundai Department Store, was promoted to president as Min Wang-il, CEO-designate of Hyundai LIVART. Lee Jin-won (59), an executive director and CEO of Hyundai L&C, was promoted to executive vice president at the same company, and Lee Jong-geun (55), an executive director and head of corporate strategy at Hyundai G.F Holdings, was promoted to executive vice president at the same company. Most of the remaining affiliates kept their presidents in place.
A Hyundai Department Store Group official said of the regular executive reshuffle, "Given the continued internal and external management uncertainty, we placed the emphasis on management stability rather than change by keeping the leadership of key affiliates such as department stores, home shopping, and Green Food," and added, "Within this stance, it also reflects an intent to refresh the organizational atmosphere and strengthen competitiveness in our core businesses."
The official added, "We will appoint capable next-generation leaders with fresh perspectives to the right posts so we can respond flexibly and swiftly to the rapidly changing business environment, and in doing so, solidify the foundation for future innovation and sustainable growth."