Nexen Appoints Samsung Recruits as CEO and VP Sales
Nexen Tire has elected H.B. Lee as Nexen Tire vice chairman and CEO along with the appointment of Byung-Woo Lee as vice president sales division. Hyun-Bong Lee, the former CEO of Samsung Electronics, was elected as vice chairman and CEO in the meeting at the KOSPI 200 company’s recent annual shareholders meeting.
In spite of the economic downturn in 2009, last year Nexen Tire broke its all it records with sales of $760 million, 28 per cent up over 2008. According to the company, “this outstanding performance came from aggressive marketing strategy to US and European markets and uplifting brand power in Korean domestic markets.”