HMM announced Monday that it had tapped Kyung-bae Kim, former chief of Hyundai Glovis, as its next CEO.
The South Korean ocean carrier’s board is expected to approve Kim’s nomination at the shareholders meeting on March 29.
HMM hailed Kim as “a logistics expert who had led the steady growth of Hyundai Glovis while serving as chief executive of the company for about nine years. As a veteran with broad experiences and capabilities at the executive level, he is expected to play a...