Nexen Tire has promoted five executives, including CEO John Bosco (Hyeon Suk) Kim. The newly promoted CEO has been with the company since 1990 and has led sales and marketing operations not just in Korea, but also in the Asia-Pacific and European regions, the company said.
Since 2016, CEO John Bosco (Hyeon Suk) Kim has played key responsibilities in the global sales division, contributing to Nexen Tire’s growth into a global enterprise, the company said. In particular, he oversaw sales and marketing throughout Europe, driving brand recognition and revenue growth in the global market. In recognition of his contributions, he received the “Export 900 Million USD Achievement” award from Nexen Tire in 2018. He also received the Bronze Order of Industrial Service Merit, an honor bestowed by the South Korean government to individuals who have made significant contributions to the country’s industrial development.
Since 2021, he has served as the company’s head of the global OE sales business group, overseeing OE supply and leading the expansion of premium OE supply. Currently, Nexen Tire supplies products to 28 automotive manufacturers for 118 vehicle models.
The other four promotions include:
- Dae Choong Kim, global sales BG leader;
- Chuljun Kim, global production BG leader;
- Jongmyoung Kim, head of central research institute;
- Bonhyong Goo, head of management administration.
Through these executive appointments, Nexen Tire said it plans to “further solidify its worldwide competitiveness, and respond quickly to the rapidly changing market environment, as well as signal a generational shift towards the future.”
“This leadership restructuring will provide Nexen Tire with an opportunity to take a significant leap forward,” said Travis Kang, global CEO of Nexen Tire. “We expect our new leaders, who possess seasoned expertise and insights from extensive field experience, to drive the company’s sustainable growth and contribute to profit maximization.”