Filed under:
Hirings/Firings/Layoffs,
Marketing/Advertising,
Hyundai
For the past four and a half years, Hyundai's marketing efforts in America have been steered by Steve Shannon. But now the Korean automaker is going to have to find a new marketing guru, because Shannon has reportedly stepped down with apparently immediate effect.
A career automobile marketer, Shannon came to
Hyundai early in 2011 after over a quarter century at
General Motors, effectively switching places with Joel Ewanick and Chris Perry, who moved from Hyundai to GM the previous year.
During his 25 years in Detroit,
Automotive News points out, Shannon worked with such brands as
Buick,
Oldsmobile,
Saab and
Hummer. He was particularly instrumental in launching the
Saturn brand and served as executive director of marketing for
Cadillac prior to moving to Hyundai.
Over the course of his tenure at Hyundai Motor America, Shannon was widely credited with increasing the brand's market share in the US, but came under fire when its sales began to stagnate more recently.
Hyundai has reportedly yet to identify a successor to Shannon's post, saying that he left to "pursue other opportunities." We'll be watching to see where he lands next, and who Hyundai names in his place.
Hyundai US marketing chief steps down originally appeared on
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