Hankook Tire Appoints Kyuwang Cho as SVP of North America Sales and Marketing

Hankook Tire Appoints Kyuwang Cho as Senior Vice President for North America



Hankook Tire, a leading player in the global tire industry, has made a significant leadership change by promoting Kyuwang (Ken) Cho to the role of Senior Vice President for Sales and Marketing in its North America operations, effective February 1. This strategic decision comes as part of Hankook's ongoing efforts to strengthen its market presence in an increasingly competitive landscape.

Background on Kyuwang Cho


Kyuwang Cho is no stranger to Hankook. With over 25 years of experience within the company, he has played pivotal roles that have enabled the company to expand internationally. Prior to his new appointment, Cho served as Vice President of U.S. PCLT (Passenger Car and Light Truck) Sales, where he developed strategies tailored for the specific needs of the North American market. His extensive background also includes a tenure as Vice President of Global Sales at Hankook's headquarters in Korea, where he successfully led market expansion efforts and strategic initiatives on a global scale.

In his new position, Cho will oversee various critical functions within the organization. His responsibilities will encompass the development of marketing strategies, management of technical services, coordination of marketing efforts in Canada, and steering supply chain logistics operations. These roles are vital as Hankook seeks to amplify its offerings and outreach in the North American tire market.

Focus on Sales and Marketing Strategies


One of the key initiatives Cho will champion is the relaunch of Hankook's renowned ONE Program. This incentive-based program has been designed to recognize and reward tire dealers across the U.S., thereby fostering enhanced partnership and collaboration within the industry. By implementing this program, Hankook aims to create a mutually beneficial ecosystem that enhances brand loyalty and drives sales growth among its dealer network.

Rob Williams, President of Hankook Tire America Corp., expressed confidence in Cho's ability to navigate the complexities of the tire market, stating, "As we continue to expand our presence in North America, Ken brings expertise in driving sales and strategic market growth. His experience will be key as we ramp production at our Tennessee plant and complete our Phase 2 and Phase 3 expansion. We look forward to the synergy Ken will bring to our sales and marketing efforts to achieve both collaborative innovation at Hankook and success for our dealers."

Commitment to Innovation and Quality


Hankook Tire America Corp., headquartered in Nashville, Tennessee, continues to establish itself as a leader in the U.S. tire market. The company focuses on leveraging investments in technology and marketing to produce high-quality and reliable tire products that not only meet consumer standards but also prioritize environmental considerations.

As the company progresses with its expansion plans, including the ramping up of production capabilities at its Tennessee facility, Cho's leadership will be instrumental in navigating the upcoming phases. The tire industry is evolving at a rapid pace, influenced by technological advancements and changing consumer preferences. Thus, Cho's comprehensive understanding of market dynamics and his ability to blend global insight with localized strategies will be crucial in addressing these shifts.

In conclusion, Hankook Tire's decision to appoint Kyuwang Cho as Senior Vice President of Sales and Marketing signifies the company's commitment to innovation and growth in the North American market. His leadership promises to enhance Hankook’s presence and operational success in a competitive environment, thereby setting the stage for the company’s future achievements.

Topics Auto & Transportation)

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