Hanwha Co., Ltd. Announces Additional Executive Promotions... Position-Centered Executive Personnel System

[Asia Economy Reporter Donghoon Jeong] Hanwha Corporation conducted additional executive promotions on the 24th. Hanwha Corporation had previously carried out executive appointments in some divisions on the 12th, considering the business status of each sector, and announced follow-up executive appointments on this day, concluding this year's personnel changes.

This year's executive appointments are characterized by the introduction of a 'position-centered executive personnel system,' recently adopted 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 Managing Director and Executive Director to roles such as Manager and Division Head based on the duties performed.

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 Momentum Division (3 people)

- Byeon Junseok, Lee Hyungseop, Jo Hyungrae

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