Won Yong Hwang will take over as CEO of the ZKW Group on 1 January 2025. An experienced manager, he was most recently COO of LG Electronics Vehicle Solution Company, to which ZKW also belong. He has of 15 years’ management experience in the automotive industry, gained in various positions at LG Electronics.
He follows previous ZKW CEO Dr. Wilhelm Steger, who has led the company for almost three years and now wishes to take on new professional challenges at his own request. Hwang says, “Dr. Steger was instrumental in initiating the necessary market-oriented restructuring of the ZKW Group during the difficult times in the automotive industry. My goal and priority will be to accelerate the expansion of synergies with the LG Electronics headquarters in VS and to strengthen ZKW’s competitiveness”.
Steger will hand over his management position to Hwang on 31 December 2024, so that he can devote himself to other projects, including as a member of the Supervisory Board of the ZKW Group.
