POSCO CEO Mr Jeong-Woo Choi Term Extended for 3 Years
On March 12, POSCO held the 53rd general meeting of shareholders and board of directors at the POSCO Center, Seoul. At the meeting, the term of current
On March 12, POSCO held the 53rd general meeting of shareholders and board of directors at the POSCO Center, Seoul. At the meeting, the term of current CEO Mr Jeong-Woo Choi was extended for three years.
Korea Institute of Science and Technology researcher Mr Young-Sook Yoo and former Korean ambassador to UAE Mr Tae-Kyun Kwon were elected as outside directors. The board also reappointed former Minister of Oceans and Fisheries Mr Seong-Jin Kim as a board member and newly appointed Vice President Mr Chang-Hwa Chung as an internal director.
Outside director Young-Sook Yoo is an environmental expert possessing a doctoral degree in biochemistry and has served as the Minister of Environment. Yoo is engaged in a wide range of activities, including in international organizations such as the United Nations Conference on Climate Change, and is expected to play a key role in strengthening POSCO’s ESG expertise. Outside director Tae-Kyun Kwon has served in the Asian Development Bank, Administrator of the Public Procurement Service, and the Korean ambassador to the UAE. Kwon is currently providing counsel for domestic and overseas investment. Inside director Chang-Hwa Chung was appointed as the Head of Management Support Headquarters last year after serving as Head of External Cooperation Office, Public Relations Office, POSCO E&C CR Center, and President of POSCO-China, and is in charge of human resources, public relations, and legal affairs.
At the BOD held immediately after the general meeting, outside director Seung-Hwa Jang was elected as chairman of the board, while President Hak-Dong Kim and Vice President Jung-Son Chon were appointed as Representative Directors. The Audit Committee also announced Seong-Jin Kim as an auditor.