John Krafcik to leave as CEO of Hyundai in the U.S.

  • CEO John Krafcik, who turned around the fate of Hyundai and made the company a big contender in the U.S. is stepping down on Tuesday. 

    Reports suggest that the reason for this is the fact that his contract has come to an end and Krafcik is being replaced by executive vice president of sales David Zuchowski. 

    Executive vice president and chief operating officer Tak Uk thanked Krafcik "for his visionary leadership and relentless pursuit of customer satisfaction, which has driven Hyundai's record growth over the past five years."

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