Hyundai Department Store Group promotes Jang Ho-jin and Park Hong-jin to vice chairmen, strengthening responsible management

[Financial News] Jang Ho-jin, president and CEO of HYUNDAI G.F. HOLDINGS CO., LTD., and Park Hong-jin, president and CEO of Hyundai Green Food, have been promoted to vice chairmen of Hyundai Department Store Group.
On the 29th, Hyundai Department Store Group carried out its 2027 regular executive reshuffle, involving 50 people in total, including 27 promotions and 23 transfers. The promotions included two vice chairmen, three presidents and three vice presidents. The scale of the reshuffle was similar to that of previous years, and the appointments will take effect on January 1 next year.
In this reshuffle, Jang Ho-jin, president and CEO of HYUNDAI G.F. HOLDINGS CO., LTD., and Park Hong-jin, president and CEO of Hyundai Green Food, were each promoted to vice chairman and CEO. Han Kwang-young, vice president and CEO of Hyundai Home Shopping Network Corp., was promoted to president and CEO, while Yun Yeong-sik, a vice president at HYUNDAI G.F. HOLDINGS CO., LTD., and Lee Heon-sang, a vice president at Hyundai Green Food, also joined the ranks of presidents.
Vice president-level appointments were also made. Hanseom named executive director Yoo Tae-young as its vice president and CEO, while Park Jang-seo, executive director and CEO of Hyundai DF, was promoted to vice president and CEO. Kim Bong-jin, head of the merchandise division at Hyundai Department Store and an executive director, was also promoted to vice president.
Hyundai Department Store Group described the guiding principle for this regular executive reshuffle as “renewal amid stability.” The aim is to strengthen management stability and responsible management by elevating executives at the holding company and key affiliates, while also invigorating the organization by selecting talent based on performance.
A Hyundai Department Store Group spokesperson said, “This reflects our intention to further solidify management stability and responsible management by elevating the leadership of the holding company and key affiliates that have driven the group’s sustained growth, and by strengthening their capabilities.” The spokesperson added, “It also reflects our intention to build out the ranks of presidents and senior executives by appointing performance-based internal talent, and to focus on strengthening the organization’s dynamism and future business capabilities by appointing future-oriented talent as new executives.”
[email protected] Jang Yu-ha Reporter