Hyundai executive loses job over quality bonuses.(News)(Park Hwang Ho)

From: Automotive News | Date: July 19, 2004| Author: | Copyright information

Byline: Peter Chang

A top Hyundai Motor Co. executive was forced to resign last month because he rewarded employees who helped Hyundai improve its J.D. Power quality ranking.

Company sources say Park Hwang Ho was removed under pressure from Hyundai's employee union. Company insiders say the 58-year-old executive was punished because he gave special bonuses to 370 employees in the Quality Management Division. The bonuses averaged $833 per employee.

The union wanted the bonuses paid to all its members.

Hyundai since has agreed to pay more than $29 million in ...

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