By Kim Hyun-bin
Hanwha Solutions President Kim Dong-kwan the eldest son of Hanwha Group Chairman Kim Seung-youn, was promoted to vice chairman. It is predicted that his appointment will speed up Hanwha Group's management succession process.
With his appointment as Hanwha Group vice chairman, Kim will also take over as CEO of Hanwha Solutions, Hanwha Corp. and Hanwha Aerospace.
"Vice Chairman Kim is playing an important role in the green energy and aerospace businesses that Hanwha Group, led by Chairman Kim Seung-youn, is pinpointing as the group's future businesses," Hanwha Group said.
The newly appointed vice chairman was also recognized for his efforts to strengthen business competitiveness, and discover and invest in future strategic businesses.
Kim played a major role in growing Hanwha Solutions' Q Cells into a leading company in the U.S. and European markets. The company is expanding its solar power business in the U.S., including securing production facilities in the U.S., and its eco-friendly energy business is active in Europe.
Recently, Hanwha Group undertook a business reorganization to bring its defense units together. In order to enhance the integrated synergy, the role of Vice Chairman Kim, who will be in charge of the strategic division of Hanwha Aerospace, has become more important.
Hanwha Aerospace has solidified its identity as the nation's leading aerospace and defense company and is aiming to take off as a global defense company.
In addition, Hanwha's defense business, which has produced tangible results by expanding to Australia, Europe and the Middle East, is expected to exert further synergy in its overseas expansion through this integration.
In addition, Kim Seung-mo, the CEO of Hanwha Corp.'s Defense Division, was also appointed as the new CEO of Hanwha E&C. Hanwha Aerospace CEO Son Jae-il was also appointed as co-CEO of Hanwha Airspace alongside Kim Dong-kwan.
Ryoo Doo-hyoung, CEO of Hanwha Solutions Advanced Materials Division, was appointed CEO of Hanwha Corp. and Hanwha Precision Machinery.
Hanwha Solutions President Kim Dong-kwan the eldest son of Hanwha Group Chairman Kim Seung-youn, was promoted to vice chairman. It is predicted that his appointment will speed up Hanwha Group's management succession process.
With his appointment as Hanwha Group vice chairman, Kim will also take over as CEO of Hanwha Solutions, Hanwha Corp. and Hanwha Aerospace.
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| Newly appointed Hanwha Group Vice Chairman Kim Dong-kwan |
The newly appointed vice chairman was also recognized for his efforts to strengthen business competitiveness, and discover and invest in future strategic businesses.
Kim played a major role in growing Hanwha Solutions' Q Cells into a leading company in the U.S. and European markets. The company is expanding its solar power business in the U.S., including securing production facilities in the U.S., and its eco-friendly energy business is active in Europe.
Recently, Hanwha Group undertook a business reorganization to bring its defense units together. In order to enhance the integrated synergy, the role of Vice Chairman Kim, who will be in charge of the strategic division of Hanwha Aerospace, has become more important.
Hanwha Aerospace has solidified its identity as the nation's leading aerospace and defense company and is aiming to take off as a global defense company.
In addition, Hanwha's defense business, which has produced tangible results by expanding to Australia, Europe and the Middle East, is expected to exert further synergy in its overseas expansion through this integration.
In addition, Kim Seung-mo, the CEO of Hanwha Corp.'s Defense Division, was also appointed as the new CEO of Hanwha E&C. Hanwha Aerospace CEO Son Jae-il was also appointed as co-CEO of Hanwha Airspace alongside Kim Dong-kwan.
Ryoo Doo-hyoung, CEO of Hanwha Solutions Advanced Materials Division, was appointed CEO of Hanwha Corp. and Hanwha Precision Machinery.
