The board members at SsangYong Motor Co., Ltd. have approved the appointment of Choi Johng-sik as its new CEO. The decision was made at the company's annual shareholders' meeting in Seoul (South Korea) on March 24, 2015 SsangYong's current CEO Lee Yoo-il has been promoted to the specially created position of vice-chairperson, for a period of two years. Choi currently is the vice-president at SsangYong's sales division, and was employed at Hyundai prior to joining SsangYong in 2010.