[Asia Economy Reporter Lim Hye-sun] KT CEO Koo Hyun-mo has decided not to pursue a second term.


KT CEO Koo Hyun-mo Declines Reappointment... Announces Resignation Intent View original image

On the 23rd, KT announced, "CEO Koo Hyun-mo has informed the board of directors of his intention to withdraw from the pool of candidates for the next CEO." The board accepted Koo's decision and decided to exclude him from the internal candidates for the next CEO. Additionally, the ongoing process for selecting the next CEO will continue as planned.



Accordingly, CEO Koo Hyun-mo is expected to conclude his tenure as KT CEO following the regular shareholders' meeting in March.


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