At POSCO’s 52nd AGM and board meeting, the company elected outside director Moon-Ki Chung as chairman of the board. Since 2006, POSCO has been appointing board chairman from outside directors.
The Board extended the term of outside director Seung-Wha Chang (Dean of SNU School of Law) and appointed Heui-Jae Park (Seoul National University professor) as an auditor.
As for the internal directors, the tenure of the following directors received extension: President of POSCO In-Hwa Chang, and POSCO’s Senior Executive Vice Presidents Jung-Son Chon, Hag-Dong Kim, and Tak Jeong. At the board meeting following the AGM, President of POSCO In-Hwa Chang was re-elected as Representative Director.
Moon-Ki Chung, Chairman of the Board, is a professor at Sungkyunkwan University. He is a professional accountant and has served as the executive director at Samil PwC, a member of the Accounting Supervision at AFSS (Financial Supervisory Service), as well as the Vice President of the Korean Accounting Association. Chung has been the outside director of POSCO since 2017.