LUTTERWORTH, England—Kumho Tire Europe GmbH has appointed Kyungtai Ju as its new president, replacing Changrin Suk, who returns to Kumho's South Korean headquarters with responsibility for global sales.
The appointment took effect Aug. 30, the tire maker said in a news release.
Ju started his career at Kumho in 1990, and has served as country managers in Mexico, Italy and the U.S. Most recently, he held the position executive vice president for global sales.
"As is well known, the current situation at Kumho is not easy and it's a big challenge for my team and I to again extend Kumho's position in Europe," Ju said.
He went on to say that he would work toward optimizing the company and improving its position in the tire market.