SK Discovery Appoints Jeon Gwang-hyun, CEO of SK Chemicals, as President

Jeon Gwang-hyun, President of SK Discovery

[Asia Economy Reporter Oh Hyung-gil] SK Discovery has appointed Jeon Gwang-hyun, CEO of SK Chemicals, as its new president.

On the 1st, SK Discovery announced its 2023 executive appointments, including the new president Jeon Gwang-hyun.

Regarding this personnel change, SK Discovery stated, "Despite the challenging management environment due to the global economic downturn, we aim to continuously innovate the business models in our four major growth pillars: green materials, bio, green energy, and living solutions, while also stabilizing the operations of our subsidiaries and further advancing our management infrastructure."

The new president Jeon previously served as head and president of SK Chemicals' Pharma division in 2018 and was appointed CEO of SK Chemicals in 2020. He is known to possess diverse business experience and financial expertise, having led SK Chemicals' eco-transition initiatives.

Based on his experience and expertise, President Jeon is evaluated as the right person to simultaneously achieve 'stability' by enhancing the management infrastructure of SK Discovery and its subsidiaries, and 'innovation' by continuously generating results in the four new growth business pillars.

An SK Discovery official said, "Once President Jeon is officially appointed through the shareholders' meeting resolution in March next year, he is expected to focus on laying the foundation for stable growth through substantial improvements in management infrastructure."

Below is the list of executive appointments:

◆ New Appointments

▲ Jeon Gwang-hyun, President

▲ Kwon Oh-byung, Head of Corporate Culture Office

▲ Kim Han-jo, Head of Management Support Office and ESG Officer

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