Hyundai Names New Exec

By Staff Writer March 31, 2020

Hyundai Motor North America has selected Genesis and Hyundai veteran Erwin Raphael to lead a new cross-affiliate group as the Chief Cost Optimization Officer for Hyundai Motor North America. The new group, the North American Cost Optimization Committee, was created as a part of Hyundai’s efforts to streamline and better integrate all of Hyundai’s operations across the North American region.

The Cost Optimization Committee’s scope of work will include benchmarking and implementing best practices for localization, supplier assessments, cost optimization and analysis among many other business initiatives to improve efficiency across these companies. 

Raphael has 29 years of experience in the automotive industry, most recently as the Chief Operating Officer for Genesis Motor. Prior to joining Hyundai, Raphael held a number of key leadership positions in vehicle development, engineering, manufacturing, sales and marketing with Fiat Chrysler Automobiles, Toyota Motor Manufacturing, and the International Truck and Engine Company.  

Raphael holds a Bachelor of Science degree in Math and Chemistry from Ohio State University, where he also completed graduate studies in economics. Raphael served eight years in the United States Army and currently serves as a California Army Reserve Ambassador.

Rate this item
(0 votes)
Last modified on Tuesday, 31 March 2020 12:57

Trending News

Manheim: Early Signs of Recovery

Manheim: Early Signs of Recovery

May 28, 2020 Rate: 5.00

Autotrader Picks Top CPO Brands

Autotrader Picks Top CPO Brands

May 28, 2020 Rate: 5.00

Flick Grows Customer Base

Flick Grows Customer Base

May 28, 2020 Rate: 0.00