Hyosung America Announces Strategic Changes to Leadership Team

Hyosung America Announces Strategic Changes to Leadership Team

DALLAS, Texas – February 22, 2022 (BusinessWire) – Hyosung America, the world’s leading cash management and payments platform service provider, today announced strategic changes to its leadership team.

Hyosung America Chief Executive Officer Hee-Eun Ahn announced today that Min Kye, Chief Strategy Officer and Chief of Staff of Hyosung America, has been selected to lead a global team that includes the oversight of all Hyosung America operations. Kye will be returning to Hyosung TNS headquarters in Seoul, Korea at the end of February, and will travel between Korea and the United States on a regular basis. Succeeding Kye, Sanghwan Kweon has been selected as Hyosung America’s new Chief Strategy Officer and Chief of Staff, beginning in March. Kweon is currently the Senior Vice President of Global Business and Product Planning at Hyosung TNS in Seoul, Korea.

“During his tenure at Hyosung America, Min made significant contributions to our growth and development. We wish Min great success as he begins his new position. We look forward to working with Sanghwan, who has over 32 years of experience with Hyosung, having managed our global business, R&D and Global Sales and Marketing. His depth of expertise across all parts of our business will be pivotal to our continuing growth,” said Mr. Ahn.

In addition, Chad Young has been promoted to Executive Vice President North America Financial Sales for Hyosung America. Young will lead the Hyosung Direct Sales and Customer Success Teams, providing dedicated support for the nation’s top financial institutions. Young succeeds Scott Hackl, who is leaving the company to pursue other interests.

“We are grateful for Scott’s dedication to Hyosung America’s dynamic growth in recent years and thank him for his contribution,” said Mr. Ahn. “Chad will build on Hyosung’s achievements, spearheading new opportunities that further strengthen our fast-growing business. Chad’s proven success and his well-deserved reputation as an industry leader reflect Hyosung’s commitment to bringing the best minds to meet customer needs with high quality, innovative solutions.”

Young has nearly three decades of experience in the ATM, cash management and payments technology fields. He joined Hyosung America in 2017 as Vice President of Financial Sales following leadership roles at Lightwell, Glory Global and Wincor-Nixdorf, among others.

About Hyosung America

Hyosung America, the world’s leading cash management and payments platform service provider, is the North American subsidiary of South Korea-based Hyosung, Inc. Since entering the North American market in 1998, Hyosung has grown from the largest provider of ATMs in the United States, to offering best-in-class, innovative and transformative technology solutions across the cash management and payments spectrum. Hyosung America is headquartered in Irving, Texas, and provides research and development support in its Global Software Center in Dayton, Ohio.