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Name: Peter Kronschnabl
Company: Genesis
Role: Europe MD
Genesis has named Peter Kronschnabl as its new Europe managing director, succeeding Xavier Martinet, who had been leading the brand alongside his responsibilities as Hyundai Motor Europe CEO.
Kronschnabl joins the Korean firm after 30 years with BMW, during which time he led the German brand's operations in markets including Africa, the Caribbean, India, Russia, Benelux and Japan.
Most recently, he was BMW's vice president of market development and special sales, a role in which he led the brand's expansion into emerging markets - experience that will no doubt serve him well as he steers Hyundai's premium marque into crucial new global markets.
Genesis recently confirmed a dramatic expansion of its European market coverage, with plans to launch in France, Italy, Spain and the Netherlands from early next year, having already established itself in the UK, Germany and Switzerland.
Kronschnabl will also be at the helm as Genesis takes to the grid for the first time in the World Endurance Championship next year, launches the GV60 Magma as its first dedicated performance car and introduces a new range of hybrid models.
Kronschnabl said: "Genesis is an exciting brand with strong foundations, a passionate team and a unique position in the market. With its distinct Korean spirit, design-driven performance values and a premium all-electric model line-up, I look forward to replicating the customer demand and growing success seen already in Korea and the US.
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