POSCO Holds Board Meeting to Recommend Outside and Inside Director Candidates

[Asia Economy Reporter Hwang Yoon-joo] POSCO held a board meeting at POSCO Center on the 21st and re-nominated Jang Seung-hwa, Dean of Seoul National University School of Law, as an outside director candidate.

For inside directors, Jang In-hwa, Head of the Steel Division, Jeon Jung-sun, Head of the Strategic Planning Headquarters, Kim Hak-dong, Head of the Production Technology Headquarters, and Jeong Tak, Head of the Marketing Headquarters, were all re-nominated.

By re-nominating all current inside and outside directors, POSCO has established a stable management system to prepare for the worsening global steel market conditions and expects to continuously secure global steel competitiveness.

The outside and inside director candidates were confirmed as candidates after qualification screening procedures at the Board Candidate Recommendation and Operation Committee and the board meeting held on the same day, and are scheduled to be appointed as directors at the shareholders' meeting on the 27th of next month.

Meanwhile, due to the expiration of the audit committee term of outside director Jang Seung-hwa, POSCO recommended Park Hee-jae, an outside director and professor at Seoul National University College of Engineering, as a new audit committee candidate.

This content was produced with the assistance of AI translation services.