After five years of being the chief executive of Hyundai Motor America, John Krafcik will quit from the post by the end of 2013. He will be succeeded by Dave Zuchowski, Hyundai's executive vice president of US sales, effective Jan. 1, 2014. According to a Hyundai statement, Krafcik's contract with the company expires Dec. 31, 2013.
Upon his takeover, Zuchowski will be Hyundai America's sixth CEO since 2003. "Dave has consistently distinguished himself as a results-oriented and motivational leader in our industry," Hyundai finance chief Im Tak Uk said in the statement.
He remarked that Zuchowski has been instrumental in Hyundai’s growth, especially among dealers. He noted that Zuchowski exhibits a “rare combination of passion, intelligence, creativity and diligence,” adding that he is the right choice to build on Krafcik’s momentum and take “Hyundai to new and greater heights."
Zuchowski has been Hyundai’s US sales boss since joining in 2007 from Mazda North America. His appointment was praised by dealers as he is regarded as a sales-oriented executive that could further Hyundai America’s volume growth, which is currently trailing the overall market.
"I am both humbled and excited to lead Hyundai Motor America into the next chapter by continuing to build on John's great legacy, and focusing on what matters most -- building the highest quality, safest and most diverse fleet of models that customers love," Zuchowski said in a statement.
“Dave has consistently distinguished himself as a results-oriented and motivational leader in our industry,” said Im. “During his time at Hyundai, Dave has been instrumental in our growth, especially among our dealers. He exhibits a rare combination of passion, intelligence, creativity and diligence, and we are confident that he is the right choice to build on John’s momentum and take Hyundai to new and greater heights.” [source: Hyundai]