Hyundai Motor US has appointed a new chief executive and is revealed to be Randy Parker. The South Korean automaker made the announcement on Friday, July 29.
Parker’s tenure as the new head of Hyundai Motor America will officially begin August 1. He will now lead business operations in America amid the chip shortage that remains a problem for the company.
According Yonhap News Agencythe newly appointed CEO has been with the company for some time now, and now he has been promoted and is expected to be in charge of Hyundai Motor’s business and automotive business in the US market.
It was noted that Parker is one of the first African Americans to be named general manager of a major regional original equipment manufacturer (OEM) market. Once he begins work as the new chief, he will report directly to Hyundai Motor North America CEO and President Jose Munoz.
“Randy is the ideal person to build on Hyundai’s recent successes in U.S. sales, market share and growth,” Muñoz said in a statement. Press release. “I have no doubt that he will continue to strengthen the entire Hyundai team and our dealer network.”
On the other hand, Parker said he was honored to be promoted to a leadership position in a company like Hyundai Motor. He also shared some of his personal experience, which he believes will help him successfully complete his new job.
“Hyundai has an incredible team brought together by Jose and our Korean leaders. I am humbled and honored to have the opportunity to lead this organization and build on the success of the past few years,” Parker said. “I was raised in a military family that valued hard work, servant leadership and esprit de corps and I’m a firm believer in the maxim that if you want to go fast, go alone.”
Meanwhile, before Parker joined Hyundai Motor, he was vice president of Infiniti North America, where he had primary responsibility for the company’s overall performance in the United States, Canada and Mexico.