Hyundai Heavy names new chief

Choe Byeong-ku

Hyundai Heavy Industries promoted the head of its construction equipment division Choe Byeong-ku to president and chief executive of the company in a regular reshuffle of executives.

Born in 1951, Choe became an executive of Hyundai Heavy in 1999 and was named chief of the construction equipment division in 2009. He became senior executive vice president last year.

Hyundai Heavy said its executive-level shakeup on Tuesday was focused on bolstering its electo electric systems, engine and machinery, and construction equipment businesses.

(sophie@heraldcorp.com)