SK on Co. Ltd. revealed on Tuesday, Aug. 1, that it added the chief commercial officer position in its organization. With this move, the company said it already selected the former CEO of Hanon Systems to be its COO.
SK on appointed Sung Min Suk to head the newly-created job, and his team is expected to help the company with sales, marketing, and project management. The leading battery manufacturer in South Korea decided to add the new executive post to scale up its efforts in boosting its growth strategies while also improving the company’s responses to customers.
Sung will head an existing team composed of employees who were re-assigned to work under his leadership. As per Yonhap News Agency, SK on’s new COO has been in the automotive industry for almost three decades.
He started his career in the automotive field by working as a product development engineer for Ford Motor in the United States. He was employed there from the mid to late 1990s, and he later joined Hanon Systems. From 2017, he served the automotive parts manufacturing company as vice president for products and components.
Sung was promoted to chief operating officer in 2018 and became the co-CEO at Hanon Sytems in 2021. SK on said that Sung Min Suk’s extensive experience at major auto companies made him the most suitable candidate for the CCO role in the company.
The Korea Herald reported that in line with his new job, Sung will mainly manage client relations as SK on works its way to expand further in the international scene. To prepare for his arrival as COO, the management reorganized its marketing, purchasing and project management units.
SK on is currently the fifth-largest battery producer in the world, and it is expanding aggressively to increase its global presence. It has eight plants in the U.S., China, and Hungary, and for its expansion, six more facilities are set to be built, with some sites under construction already.
Photo by: SK on Website


Cybersecurity Stocks Tumble After Anthropic's Claude Mythos AI Leak Sparks Market Fears
Japan Signals Readiness to Intervene as Yen Weakens Toward 160 Per Dollar
Trump Expands Tariffs on Pharmaceuticals and Metals One Year After Liberation Day
Asian Currencies Weaken as Dollar Rebounds Amid Middle East Escalation
Japan's Business Confidence Rises Despite Iran War Uncertainty, BOJ Rate Hike Expected
China's Services Sector Maintains Growth Streak Despite March Slowdown
Annie Altman Amends Sexual Abuse Lawsuit Against OpenAI CEO Sam Altman
Brazil Meat Exports Weather Iran War Disruptions With Rerouted Shipments
U.S. Stock Futures Stabilize Ahead of Good Friday as Investors Eye Jobs Report
Oil Prices Climb as Middle East Conflict Keeps Supply Risks Elevated
Oil Prices Slide as Iran Tensions Ease and U.S. Crude Stockpiles Swell
Trump Administration Plans 100% Tariffs on Pharmaceutical Imports
Oil Prices Surge Over $5 as Trump Vows to Continue Iran Strikes
RBC Capital: European Medtech Firms Show Minimal Middle East and Energy Risk Exposure
Asian Stocks Drop as Trump Signals Iran War Escalation
Luxury Car Sales in the Middle East Take a Hit Amid Iran War
Japan's Services Sector Growth Slows in March Amid Rising Middle East Tensions 



