Hosung Suh has been named President of Hankook Tire America Corp. and will assume the role on July 1. His vast strategic planning experience at Hankook and in previous roles with companies in the U.S. and Korea will allow him to grow Hankook Tire’s presence in the American market.
“The United States market is very important to Hankook Tire,” Suh said. “I am excited to join our outstanding team to achieve the company’s goals in this region.”
Suh has led innovative changes at Hankook Tire and is expected to do the same in America, where Hankook is seeking a new start with the construction of its first North American plant in Clarksville, Tennessee and the recent move of its American Headquarters to Nashville.
Suh previously served as Senior Vice President of Hankook Tire’s Global Corporate Strategy Planning Division. He will fill the role held by President Hee-se Ahn, who has led Hankook America since January 2015.
During Ahn’s tenure, Hankook Tire America Corp. enjoyed sales growth of 15 percent in the replacement tire market and built stronger original equipment relationships with automotive manufacturers. The company was named a General Motors Supplier of the Year for the first time in company history earlier this year.
Executive Profile of Hosung Suh
Prior to taking over the role of President of Hankook Tire America, Suh was responsible for developing corporate strategy, leading enterprise transformation and identifying and executing business development for Hankook Tire Group.
Before joining Hankook Tire, Suh worked for the financial companies of Hyundai Motor Group, including life insurance, investment securities, credit card and auto financing. At these companies, he held various key positions including Chief Strategy Officer, Chief Financial Officer, Chief Marketing Officer and Chief Operating Officer. He also worked at Bain & Company, a top global strategy consulting firm.