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NINETY EIGHT REGENCY

Korean Auto Executives- Peter DeLorenzo

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Korean Auto Executives. Never a stable career path by any measure, Korean auto executives have to be a hardy lot, because they can get exited from a company at any given moment. Just ask Chung Sung-eun, the former vice-chairman and CEO of Kia Motors who got unceremoniously broomed after the automaker had to recall over 100,000 vehicles globally over defective electric wiring. “His resignation comes in the light of the recent global recall issued by Kia Motors,” Kia spokesman Michael Choo said. He was replaced by President Lee Hyoung Keun. Resignation? Right. He was probably escorted out of the building at gunpoint. That's just the Korean Way of executive "accountability."

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