website reports: “Hyundai Motor Group announced today that Peter Schreyer and Albert Biermann are leaving their respective roles at the company. Chung-Kook Park will replace Biermann as head of its R&D Division, while Lee Sang-yup, head of Hyundai’s global design center, will assume Schreyer’s role after being promoted to an executive VP position. The reshuffling arrived just over a year after Euisun Chung took over as chairman of Hyundai Motor Group.”

“The two won’t be completely leaving the company, though. Schreyer will serve as a design advisor and Group ambassador as Biermann will continue working as a technical advisor. Both will develop and nurture future designers and engineers.”

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