Hanon Systems announced that its board of directors has approved an executive structure change that reduces its representative officers from three to two. Aligned with this change, Jay Son, who joined the company at its inception in 1986, transitions to the new role of vice chairman and relinquishes his day-to-day responsibilities to serve as an executive advisor to the company. Min Suk Sung succeeds Jay Son as president and chief executive officer. He serves as co-lead of the company along with Corporate President Nurdal Kücükkaya.