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


Telenor to Buy Controlling Stake in Bahnhof in $630 Million Broadband Deal
Oil and LNG Tankers Turn Back as Strait of Hormuz Security Risks Escalate
Asian Stocks Slip as Iran Tensions, Samsung Weakness and Fed Caution Weigh on Markets
Asian Currencies Slip as Stronger US Dollar, Iran Tensions Pressure Regional FX
Oppenheimer Sees CNH Industrial as Top 2026 Agriculture Stock Pick on Dealer Consolidation Strategy
Japanese Yen Rises as Pension Fund Plan and BOJ Rate Hike Bets Weigh on Dollar
Gold Prices Slip as Stronger Dollar, Fed Rate Outlook Weigh on Bullion
US Stock Futures Steady as Oil Prices Ease, Iran Talks Boost Market Sentiment
Netflix, Disney, YouTube Eye FIFA World Cup TV Rights in Multi-Billion Dollar Battle
Sino Biopharm Stock Rises After AstraZeneca Licensing Deal, GSK Partnership Expansion
Gold Price Climbs Over 1% as Dollar Weakens, Fed Rate Debate and Iran Tensions Remain in Focus
OpenAI Executive Fidji Simo to Step Down Amid Health Challenges Ahead of IPO
BHP Faces Port Hedland Strike Threat as Iron Ore Export Risks Grow
Oil Prices Rise as U.S.-Iran Conflict Fuels Strait of Hormuz Supply Fears
Mizuho’s Top U.S. Industrials Stocks: Why Corteva and Stanley Black & Decker Stand Out
Cuba Power Outage Sparks Havana Protests as Fuel Crisis Deepens
Samsung Chairman Lee Jae-yong Expected to Meet Nvidia CEO Jensen Huang on AI and Chip Partnership 



