Hyundai Replaces CEO Dave Zuchowski

Hyundai Motor America will be parting ways with CEO Dave Zuchowski, who led the organization for almost three years, following the departure of John Krafcik.

Hyundai announced the move on Dec. 21, and appointed W. Gerald "Jerry" Flannery as interim president and CEO. Flannery will retain his duties as chief legal and safety officer. Flannery has been with Hyundai since 1987.

The company will being searching for Zuchowski's replacement immediately.

Flannery has been "instrumental in leading the company through periods of rapid change and positioning it for steady growth," according to a release from Hyundai. He created Hyundai's first safety office in North America. Earlier in his career, Flannery was a senior attorney in the Office of the General Counsel at Ford Motor Co.