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


Vietnam’s Trade Surplus With US Jumps as Exports Surge and China Imports Hit Record
Nasdaq Proposes Fast-Track Rule to Accelerate Index Inclusion for Major New Listings
Japanese Pharmaceutical Stocks Slide as TrumpRx.gov Launch Sparks Market Concerns
U.S. Stock Futures Edge Higher as Tech Rout Deepens on AI Concerns and Earnings
Prudential Financial Reports Higher Q4 Profit on Strong Underwriting and Investment Gains
U.S. Stock Futures Slide as Tech Rout Deepens on Amazon Capex Shock
Nvidia, ByteDance, and the U.S.-China AI Chip Standoff Over H200 Exports
SpaceX Prioritizes Moon Mission Before Mars as Starship Development Accelerates
Sony Q3 Profit Jumps on Gaming and Image Sensors, Full-Year Outlook Raised
Australian Scandium Project Backed by Richard Friedland Poised to Support U.S. Critical Minerals Stockpile
SoftBank Shares Slide After Arm Earnings Miss Fuels Tech Stock Sell-Off
RBI Holds Repo Rate at 5.25% as India’s Growth Outlook Strengthens After U.S. Trade Deal
Japan Economy Poised for Q4 2025 Growth as Investment and Consumption Hold Firm
Singapore Budget 2026 Set for Fiscal Prudence as Growth Remains Resilient
Dollar Near Two-Week High as Stock Rout, AI Concerns and Global Events Drive Market Volatility
Australia’s December Trade Surplus Expands but Falls Short of Expectations
Nvidia CEO Jensen Huang Says AI Investment Boom Is Just Beginning as NVDA Shares Surge 



