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[Alpha Biz=(Chicago) Reporter Kim Jisun] The National Pension Service (7.99% stake), a major shareholder of KT, decided to vote in favor of the appointment of Kim Young-seop, CEO of KT.
The National Pension Service's trustee committee said on the 25th that it held its 11th committee on the same day and reviewed the direction of the exercise of the National Pension Service's voting rights on the agenda for KT's extraordinary shareholders' meeting to be held on the 30th.
The National Pension Service discussed the agenda, including the appointment of Kim Young-sup, and decided to approve it. The decision is expected to end KT's nine-month-old management vacuum.
If Kim's appointment is completed at an extraordinary shareholders' meeting, he will lead KT for two years and seven months until the end of March 2026.
Alphabiz Reporter Kim Jisun(stockmk2020@alphabiz.co.kr)
