Hanwha Co., Ltd. Announces Regular Executive Personnel Changes... 6 Promotions

Introduction of Position-Centered Executive Personnel System

[Asia Economy Reporter Choi Seoyoon] Hanwha Corporation conducted a regular executive promotion on the 12th, promoting six individuals.

Hanwha Corporation explained that this executive personnel change is characterized by the adoption of a 'position-centered executive personnel system,' which has recently been introduced by global companies in line with the expansion of global business.

This system determines executive promotions and transfers based on the value and suitability of the position, and the level of compensation changes accordingly. Executive titles will also change from traditional titles such as General Manager and Senior Executive Director to titles reflecting the roles performed, such as Manager and Head of Division.

A Hanwha Corporation official stated, “We selected personnel with expertise and growth potential in each field to strengthen strategic and business execution functions.”

Hanwha Corporation first implemented executive personnel changes for the Global Division, Strategy Division, and Support Division, considering the business status of each sector. The Defense Division and Momentum Division will be implemented later.

◆Hanwha Corporation ▶Global Division Park Ki-chul ▶Global Division Park Yoon-seok ▶Strategy Division Kang Tae-woo ▶Strategy Division Kim Wan-sik ▶Strategy Division Lee Dong-hyun ▶Support Division Lee Sang-hyun

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