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Title 12/4/2006 - Greg (H.Y.) Pae Appointed President of Hankook Tire America Corp
Date 12/07/2006 Count 12097

Greg (H.Y.) Pae Appointed President of Hankook Tire America Corp

WAYNE, NJ (December 4, 2006) - Hankook Tire Co. LTD, manufacturer of ultra high-performance passenger, light-medium and heavy-truck radial tires, announces the appointment of Mr. Greg(H.Y.) Pae to President, Hankook Tire America Corp., effective December 1, 2006. Mr. Pae, who served as Executive Vice President of the company’s American regions for the past two years brings a wealth of sales and marketing experience to the company’s North American operations.

Mr. Pae began his 20-year career with Hankook Tire Co. Ltd, based in Seoul, Korea, in 1986. Before taking the reins as Executive Vice President in the U.S. in 2004, he spent significant time working in the global company’s Germany, Poland and Australian operations, where he excelled in building global export sales and creating innovative marketing initiatives.

In addition to the promotion of Mr. Pae, Hankook Tire Co. Ltd. also announced that J.W. Choi, who has served as President of the company’s North America Regional Headquarters, has been named President of Hankook’s China Regional Headquarters.
About Hankook Tire America Corp.
Headquartered in Wayne, N.J., Hankook Tire America Corp. is a technology-focused, market-driven company that markets and distributes a complete line of high performance and ultra-high performance passenger tires, light truck, SUV tires, as well as medium truck and bus tires to more than 400 independent dealers through 3000+ retail sales locations in the United States and Canada.
About Hankook Tire Co., Ltd.
Hankook Tire (CEO: Cho Choong Hwan) is one of the world’s largest and fastest growing tire manufacturers of radial tires for passenger cars, light trucks (SUVs, RVs etc.), trucks and buses. Hankook Tire also develops cutting-edge technologies to upgrade customer satisfaction through high-quality products. Through sales in 170 countries around the world, Hankook Tire is ranked 8th in global sales revenue in 2005. The company has more than 12,000 employees in 5 regional HQ, 9 Sales Offices, 11 subsidiaries and 5 R&D Centers around the world and makes 70% of its revenue through the overseas market.
For more information, please visit Hankook Tire’s web site at www.hankooktire.com.

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