Hyundai Motors veteran Kim Kyung-bae, 58, has been nominated to be HMM’s next CEO.
He was selected to succeed Bae Jae-hoon by HMM’s bankers, who have been controlling the company since a debt-for-equity swap in 2016. Mr Bae will complete his term as the CEO of South Korea’s flagship liner operator on 26 March.
Appointed in 2019 for two years, his term was extended by a year after HMM achieved record earnings …
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