• CEO of HD Hyundai XiteSolution
    Cho Young-cheul

    Renowned as a Financial Expert of HD Hyundai Group, Combining Softness with Firmness

    Last Updated on Oct 4, 2023

Life Summary

Cho Young-cheul is the CEO and President of HD Hyundai XiteSolution.

Along with President Lee Dong-wook, he forms a co-CEO system, leading HD Hyundai XiteSolution (formerly Hyundai Genuine), the intermediate holding company for HD Hyundai Group's construction equipment division.

He also concurrently serves as the CEO of HD Hyundai Infracore, a subsidiary of HD Hyundai XiteSolution.

Cho is working to elevate HD Hyundai XiteSolution into a global top 5 company in the construction equipment sector by securing new technological capabilities, including the automation and unmanned operation of construction equipment. He is focused on enhancing business synergy through the human and material integration of HD Hyundai Construction Equipment and HD Hyundai Infracore.

He was born on May 25, 1961, in Busan.

He graduated from Geumseong High School in Busan and Korea University with a degree in Agricultural Economics.

He began his career at Hyundai Heavy Industries.

He moved to Hyundai Oilbank, where he served as Head of the Finance Division and Head of the Management Support Division.

As a financial expert of HD Hyundai Group, he has played a crucial role in major issues such as the acquisition of Daewoo Shipbuilding & Marine Engineering and the initial public offering (IPO) of Hyundai Heavy Industries.

In 2021, he was appointed as the CEO of HD Hyundai XiteSolution upon its establishment and also took on the role of CEO of its subsidiary, HD Hyundai Infracore, in the same year.

He is known for his gentle yet firm demeanor and his ability to communicate effectively.

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