KYMCO USA's
Eric Bondy Resigns as President & CEO
KYMCO's Senior Vice President
Ming Hsin Lee to Assume President & CEO
Spartanburg, SC (12/3/2011) -
KYMCO USA announces that Eric Bondy has resigned
his position as President & CEO to pursue
a new opportunity. To assist in the transition
to new leadership, Bondy will continue with the
company until December 15, 2011.
Mr. Ming Hsin Lee, current Senior Vice President
of KYMCO USA, will assume the title of President
and CEO effective December 16, 2011. A native
of Taiwan, Lee spent the past four years stateside
working as a liaison between KYMCO USA’s
strong team of experienced U.S. Powersports
professionals and the overseas factory. He joined
KYMCO in 1984 and has since amassed experience
in production, R&D, sourcing, quality control,
IT, accounting and dealer development.
Bondy assumed day-to-day responsibility for
all operational aspects of KYMCO USA in 2005
following nine years in various sales and marketing
roles with Arctic Cat, Inc.
Bondy, named “Executive of the Year”
in 2008 by Powersports Business magazine, was
instrumental in building KYMCO USA to its position
among the foremost scooter and ATV suppliers
in the nation. Under Bondy’s leadership,
the company also expanded its reach beyond the
Powersports industry via strategic relationships
with partners like the Indy Racing League (IRL),
National Hot Rod Association (NHRA), Coca-Cola
Co. and Ford Motor Co.
“I’ve been blessed and honored
to be a member of the KYMCO USA team for the
past seven years and the relationships gained
over that time are cherished,” Bondy said
in announcing the reorganization. “I leave
the company in very capable and experienced
hands with the naming of Mr. Lee to the CEO
position. With the management team in place,
I’m confident we’ll see great things
in the future from KYMCO in the US market.”
About KYMCO
USA:
KYMCO's roots in the motorsports
industry go back to its founding in 1963, as
the Kwang Yang Motor Company, Ltd., with headquarters
in Taiwan. Long a leader in quality, fuel economy,
and versatility, today KYMCO manufactures motor
scooters, motorcycles, and ATVs at five plants
in Asia, including the main facility in the
city of Kaohsiung.
KYMCO is
the largest scooter manufacturer in Taiwan,
and currently exports to 74 countries worldwide.
All KYMCO plants use the latest technology for
the engineering and production of reliable engine,
chassis, and other components. Since 2004, KYMCO
has been officially accredited for ISO-9001
quality in manufacturing; KYMCO is committed
to maximum customer satisfaction and constant
innovation, making use of the most advanced
CAD/CAE tools to bring superior engineering
and design to their products.
The company's
partner in the United States is KYMCO USA, with
headquarters, marketing, and distribution centered
in Spartanburg, South Carolina. KYMCO USA is
dedicated to building the brand's reputation
and market share through superior value, frequent
new product introductions, strategic industry
partnerships, and excellence in dealer network
support. KYMCO USA has a reputation and expertise
gained through over 30 years in the U.S. powersports
industry.
www.kymcousa.com
