SEOUL (Reuters) – Hyundai Motor Co has appointed Jose Munoz as global chief operating officer and Americas chief, tapping a man formerly considered an ally and potential successor of Nissan Motor Co Ltd’s ousted Chairman Carlos Ghosn.
FILE PHOTO – Jose Munoz, chief performance officer at Nissan Motor Limited, responds to a question on the new Renault-Nissan-Mitsubishi Alliance venture capital fund during roundtable with journalists at the 2018 CES in Las Vegas, Nevada, U.S. January 9, 2018. REUTERS/Steve Marcus
Munoz is the latest foreign executive to be brought in to a South Korean automaker dominated by lifelong loyalists, as heir-apparent Euisun Chung strengthens control of the conglomerate chaired by his aging father.
The appointment comes at time when plunging sales in both China and the United