Hyundai Electronics Industries Co. Ltd. has appointed Chong Sup Park, chairman of subsidiary Hyundai Electronics America, president and chief executive of the parent company effective March 1.
Park succeeds Young Han Kim, who is stepping down, but will continue to act as an executive consultant for the company.
Park has worked at Hyundai for 17 years, playing a key role in setting up the company's 8-in.-wafer fab in Eugene, Ore., and most recently overseeing the merger of San Jose-based HEA and the U.S. operations of LG Semicon Co. Ltd. Park served as HEA's president until last year, when he was succeeded by I. B. Jeon. Following his appointment, Park will continue to serve as chairman of HEA.
During 12 years in Silicon Valley, Park also helped Hyundai's Maxtor Corp. disk-drive unit launch its initial public offering, and holds the position of chairman with the company.
He has also served as vice president of worldwide marketing and sales for HEI's semiconductor products unit, and in roles in corporate planning and the company's legal department.