SK Inno Board Recommends Three Director Candidates Including Vice Chairman Jang Donghyun

Professor Kim Taejin of Korea University and Former Citibank President Park Jinho Also Candidates for Outside Director

Jang Dong-hyun, Vice Chairman of SK Inc. (Photo by SK)

[Asia Economy Reporter Moon Chaeseok] SK Innovation announced on the 21st that it held a board meeting and recommended three director candidates to be appointed at the regular shareholders' meeting next month.

At the board meeting, it was resolved to recommend Jang Donghyun, Vice Chairman of SK Inc., as a candidate for non-executive director, replacing Yoo Jungjun, Vice Chairman of SK E&S.

Professor Kim Tae-jin, Korea University Law School. (Photo by SK Inno)

Professor Kim Taejin of Korea University Law School and former Citibank President Park Jinho were also recommended as new outside director candidates. The two candidates were recommended as successors to outside directors Kim Jun (CEO and Chairman of Kyungbang Co., Ltd.) and Ha Yunkyung (Professor at Hongik University College of Engineering), whose terms expire next month.

Jinho Park, CEO of Citibank Korea. (Photo by SK Inno)

Vice Chairman Jang was recognized for his outstanding management skills, including expanding SK Group's portfolio.

SK Innovation stated, "Vice Chairman Jang, known as a leading financial expert within the group, is expected to greatly assist SK Innovation's board decision-making based on his high capabilities in various fields such as marketing and strategy. As board-centered management is emphasized and communication with major shareholders becomes important, his role as CEO of SK Inc., the major shareholder of SK Innovation, will also help facilitate communication with the board."

Professor Kim was considered for being a young and capable legal professional, and former Citibank President Park was recognized as an expert in finance and financial management.

These director candidates are scheduled to be officially appointed after the approval process at the shareholders' meeting to be held on the 31st of next month.

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