Hyundai has hired Henry Chung, previously of LG Electronics, to lead its Cradle Silicon Valley vehicle as senior vice-president.
Henry Chung (pictured), vice-president of corporate venture capital in California for electronics manufacturer LG Electronics, has moved to head carmaker Hyundai’s Cradle Silicon Valley unit.
The role will also involve Chung taking a senior vice-president position. He spent 10 years at LG Electronics and led teams responsible for venture capital activities in North America and engaging in open innovation activities with venture-backed startups, top universities, accelerators and national laboratories.
LG Electronics hired Ray Schuder as managing director of corporate venture…
