Hyundai Motor Co. on Thursday named Jose Munoz as the next president and CEO of the South Korean automaker, effective Jan. 1.

Hyundai Motor Group plans to appoint Jose Munoz as chief executive officer, making him the first foreigner to lead the automaker as it seeks to grow outside its home country, the Korea Economic Daily reported.

Hyundai Motor Co. appointed Jose Muñoz as global president and CEO, recognizing his leadership in record sales and EV advancements.

Hyundai Motor named Jose Munoz, current U.S. chief and global chief operating officer, as its new chief executive officer on Friday, marking a rare appointment of a foreign national to the top post at a major South Korean conglomerate.

Hyundai Motor appointed Jose Munoz as its new president and chief executive, making him the first non-Korean leader of the auto giant.

Hyundai has named chief operating officer Jose Muñoz as its new global CEO. He will take the reins on 1 January from Jaehoon Chang, who has been promoted to vice chair of the company's automotive division. Born in Spain, Muñoz will be the first non-Korean to lead Hyundai Motor Company since it was founded in 1967.

The 59-year-old has a PhD in nuclear engineering and over two decades of experience in the automobile industry

Seoul/IBNS: Hyundai Motor Group has appointed Jose Munoz as its Chief Executive Officer, marking the first time a foreign national will lead the South Korean automaker.

Hyundai Motor has named chief operating officer José Muñoz as the first foreign leader of the world’s third-largest carmaker, as the South Korean company gears up for Donald Trump’s second presidency.

Hyundai Motor appointed Jose Munoz as its new president and chief executive, making him the first non-Korean leader of the auto giant.