The firm approved the automaker's recommendation for Yoon Chi-won, former president of UBS Group Asia Pacific. ISS commented that Yoon has keen financial understanding and specialized knowledge to help drive Hyundai's future agenda. Hyundai Motor objected to ISS' recommendation of Elliott nominees in a press release, citing potential conflicts of interest. "MacEwen and Kruse, the Elliott nominees that ISS recommended, currently work for the competitors [of Hyundai Motor and Hyundai Mobis]," Hyundai Motor said in a report. MacEwen currently serves as the president of hydrogen fuel cell developer Ballard Power Systems, whose business conflicts with Hyundai Motor's push for hydrogen fuel cell electric vehicles. Appointing Kruse as an outside director for Hyundai Mobis could also bring unwanted business conflict, Hyundai Motor said.