Irving-based Hyosung America Inc. announced that Sang Hwan Kweon has been appointed chief executive officer of the North American leader in cash management solutions.

Sang Hwan Kweon

Kweon, an experienced business leader, succeeds Hee-Eun Ahn, who recently announced his retirement, effective Oct. 1. Most recently, Kweown was chief operating officer.

“We have seen tremendous growth over the past four years. I am leaving the company in good hands and look forward to seeing where it goes in the years to come,” Ahn said in a statement.

Hyosung America, which moved into a new Las Colinas headquarters in late 2020, launched a line of ATMs for the future in cash, crypto, gaming, and more in July. 

Keown has more than 32 years of experience in the ATM business and has extensive knowledge of the industry.
He has served as senior vice president of global business and product planning for Hyosung TNS in Korea before coming to Hyosung America. The company said he has a proven track record of product development, sales strategy, and planning that have led Hyosung’s executive team forward with continued success and innovation.

“We are positioned to do great things in the coming years as we work with our financial institution, retail, and channel partners to make banking and retail a phenomenal experience for consumers,” Keown said in a statement.

Hyosung America, the world’s leading cash management and payments platform service provider, is the North American subsidiary of South Korea-based Hyosung Corp.

Since entering the North American market in 1998, Hyosung has grown from the largest provider of ATMs in the United States, to offering best-in-class, innovative and transformative technology solutions across the cash management and payments spectrum.

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