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


Alphabet’s Massive AI Spending Surge Signals Confidence in Google’s Growth Engine
Fed Governor Lisa Cook Warns Inflation Risks Remain as Rates Stay Steady
Vietnam’s Trade Surplus With US Jumps as Exports Surge and China Imports Hit Record
RBI Holds Repo Rate at 5.25% as India’s Growth Outlook Strengthens After U.S. Trade Deal
Hims & Hers Halts Compounded Semaglutide Pill After FDA Warning
Gold and Silver Prices Rebound After Volatile Week Triggered by Fed Nomination
Once Upon a Farm Raises Nearly $198 Million in IPO, Valued at Over $724 Million
Japanese Pharmaceutical Stocks Slide as TrumpRx.gov Launch Sparks Market Concerns
Oil Prices Slide on US-Iran Talks, Dollar Strength and Profit-Taking Pressure
Dow Hits 50,000 as U.S. Stocks Stage Strong Rebound Amid AI Volatility
Instagram Outage Disrupts Thousands of U.S. Users
China Extends Gold Buying Streak as Reserves Surge Despite Volatile Prices
SpaceX Pushes for Early Stock Index Inclusion Ahead of Potential Record-Breaking IPO
Amazon Stock Rebounds After Earnings as $200B Capex Plan Sparks AI Spending Debate
U.S.-India Trade Framework Signals Major Shift in Tariffs, Energy, and Supply Chains 



