Fountain Valley, California – Hyundai Motor Corporation promoted John Krafcik, one of the longest-serving executives at the South Korean carmaker and one of the industry’s leading manufacturing experts, to Acting President and CEO Hyundai Motor America.

He steps in for former Hyundai Motor America President and CEO Jong Eun Kim, who returned to the headquarters in Seoul after slightly less than a year on the job.

Krafcik, who joined Hyundai four years ago, takes the helm at a challenging time for the American subsidiary based in Fountain Valley. It has been through a long stretch of turmoil at the top ranks.

Krafcik was most recently Vice-President of Product Development and Strategic Planning. He will be responsible for implementing the strategic direction and managing the subsidiary’s operations.

“I am honoured by the confi dence Hyundai has shown in me and very excited to help improve its position in the American market and help Hyundai dealers with a strong vision for the marketing and sales of our vehicles,” said Krafcik.

www.hyundai-motor.com