Hanon Systems Changes Representative Executive Officer Structure

Hanon Systems Changes Representative Executive Officer Structure

Hanon Systems (KS:018880), a leading global supplier of automotive thermal and energy management solutions, today announced CEO Min Suk Sung has tendered his resignation, effective today.

Hanon Systems plans to appoint Nurdal Kücükkaya and Ramachandran (Subu) Nagasubramony as co-CEOs to lead the company, subject to board of director approval to be confirmed at the upcoming regular meeting on Aug. 10.

Kücükkaya has been serving as a representative executive officer of Hanon Systems and Nagasubramony has been serving as the company’s chief financial officer (CFO) since Jan. 1, 2019.