Hyundai Mobis Hires Former Valeo Executive Committee Member as Head of Global Sales for International Expansion

Hyundai Mobis (KRX: 012330) announced on 15th that the company has hired executive vice president, Axel J. Maschka as head of the Global Sales Division.

Previously Maschka served as a senior VP and Executive Committee member at Valeo in charge of Sales and Business Development.

Maschka has spent 30 years in the automotive industry after graduating from the University of Stuttgart in electrical engineering including a two years tenure at Telecom Paris Tech.

German native, Maschka has worked in various automakers and suppliers including, Volvo, Mercedes-Benz, Bosch, and Continental. Recently, in France, he served as a founder and CEO at AMA-ADVISORS, a consulting firm to represent the new scope towards the e-mobility transition.

Hyundai Mobis is known to have set a high value on his outstanding management performance and his ability to understand global markets. Mr. Maschka also contributed as a BOD and Steering Committee member at CLEPA, the European Automotive Supplier Association.

In his new role as head of global sales in Hyundai Mobis, Mr. Maschka will lead and expand the division to receive orders from European, North American, and Chinese automakers by taking advantage of the current transformation of the automobile industry towards connected autonomous and electric vehicles. Hyundai Mobis, global No.7 parts suppliers, has been continuously increasing sales from non-Hyundai/Kia automakers.

Meanwhile, Mr. Maschka is the first non-Korean executive to be hired by Hyundai Mobis in the non-R&D area. In addition he is the highest-ranking foreign executive, level C, and will directly report to CEO of Hyundai Mobis. – BusinessNewsAsia.com