09.01.2026

KIOTI Europe Announces Leadership Transition

Chiwhan Yoon Appointed Deputy CEO of Daedong USA; Douglas Kang Named CEO of Daedong KIOTI Europe

Rotterdam, The Netherlands – 8th January 2026

KIOTI Europe today announced a leadership transition effective 1st January 2026, underscoring Daedong’s ongoing commitment to global growth and organizational excellence.

After one year of dedicated service as CEO of Daedong KIOTI Europe, Mr. Chiwhan Yoon has been appointed Deputy CEO of Daedong USA. During his tenure, Mr. Yoon led significant growth initiatives despite a challenging European market environment. Under his leadership, KIOTI Europe achieved sales growth, strengthened organizational operations, and further enhanced its dealer channel. Combined with more than 25 years of experience and recent global leadership roles, these achievements make him uniquely qualified to lead Daedong USA into its next chapter.

KIOTI Europe extends its sincere appreciation to Mr. Yoon for his leadership and contributions and wishes him continued success in his new role.

Reflecting on his transition, Mr. Yoon stated:

“It has been a true honor to serve as CEO and President of Daedong KIOTI Europe. Together, we achieved strong growth despite a challenging European market, driven by the passion and ‘can-do’ spirit of our European team. As I move into my new role at Daedong USA, I do so with deep gratitude and full confidence that KIOTI Europe will continue to reach even greater heights.”

Effective 1st January 2026, and in accordance with a top management decision, Mr. Douglas Kang has been appointed CEO of KIOTI Europe, while concurrently serving as Head of the Overseas Sales Division for Daedong. Mr. Kang brings strong global sales expertise, having

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served for approximately three years as an overseas sales executive in Daedong’s headquarters sales division. Prior to joining Daedong, he spent many years building extensive international business experience at LG Electronics.

Commenting on his appointment, Mr. Kang said:

“ It is a great honour to lead KIOTI Europe at such a pivotal time. Europe represents a dynamic and strategically critical market for KIOTI’s mid and long-term growth. With a clear goal of achieving a 6% market share in Europe within the next five years, we will develop and execute tailored strategies aligned with the unique market characteristics and customer needs of each key country. By leveraging innovative products and services, along with a strong dealer and partner network, we will drive sustainable growth and firmly establish KIOTI as a trusted brand across Europe.”

Focus and Strategy for 2026

Although the CEO role has changed as of January 2026, KIOTI Europe’s strategic agenda and business goals remain unchanged. The company’s primary focus for 2026 includes:

  • Achieving 3% market share (M/S) in Europe
  • Expanding overall sales volume
  • Increasing the proportion of medium and large tractor sales, building on the sales and organizational growth achieved in 2025
  • Advancing digital transformation by launching an ERP system to further computerize and streamline company operations

KIOTI Europe thanks its employees, partners, and dealers for their continued dedication and support. Together, the organization looks forward to building on its momentum and driving sustainable growth in 2026 and beyond.

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