POSCO's next chairman is confirmed in March

Reporter Paul Lee / approved : 2023-12-22 02:34:45
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[Alpha Biz=(Chicago) Reporter Paul Lee] POSCO Holdings' CEO nomination committee will recommend one of its next presidential candidates to the board of directors by mid-February next year. The next chairman will be confirmed at a shareholders' meeting in March next year.

The CEO candidate recommendation committee will form a group of "long list" candidates covering both inside and outside by early January next year, narrow it to a group of "shortlist" candidates at the end of January, and narrow it back to the "final list" in February next year to decide one final candidate through an in-depth interview.

POSCO Holdings announced on the 21st that the CEO Candidate Recommendation Committee held its first meeting and made the decision.

The process of appointing the next chairman began on the same day, three months before the expiration of the current chairman Choi Jung-woo's term, with the CEO nomination committee in full operation.

Prior to this, POSCO Holdings held an extraordinary board meeting and voted on the operation of the CEO Candidate Recommendation Committee.

The CEO nomination committee started its first meeting immediately after the board meeting and confirmed the process and schedule for the next president after a six-hour marathon meeting.

 

Alphabiz Reporter Paul Lee(hoondork1977@alphabiz.co.kr)

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