Chosun University Foundation Appoints 3 Independent Directors... Requests Approval from Ministry of Education
Chosun University Foundation (Chairman Kim Isu) announced on the 2nd that it has newly appointed three open directors to work with the 4th Board of Directors.
The newly appointed open directors are Park Sang-gyu, Professor of Mechanical Design Engineering at Chonnam National University, Lee Geun-woo, lawyer at Law Firm Locom, and Cho Sung-chul, Head of the Namdo Regional Innovation Policy Planning Group.
Professor Park Sang-gyu of Chonnam National University's Mechanical Design Engineering Department graduated from Chosun University's Department of Precision Mechanical Engineering. He served as Dean of the College of Engineering and Director of the Industry-Academic Cooperation Graduate School at Chonnam National University, and also served as Vice President (Yeosu) of Chonnam National University.
Lawyer Lee Geun-woo of Law Firm Locom graduated from Seoul National University College of Law and has served as a Research Judge at the Supreme Court and as Chief Judge at the Gwangju District Court.
Cho Sung-chul, Head of the Namdo Regional Innovation Policy Planning Group, is a graduate of Chosun University's Department of Political Science and Diplomacy. He has served as an Evaluation Advisory Member of the Presidential Committee on Regional Development and as an External Cooperation Specialist of the Presidential Committee on Northern Economic Cooperation.
Open directors are a system implemented under the Private School Act, revised in 2007 to strengthen the public nature and transparency of private educational institution management. According to the Private School Act, its Enforcement Decree, and the foundation's articles of incorporation, three out of nine board members must be appointed as open directors.
The Open Director Recommendation Committee conducted a recruitment of open director candidates from March 20 to 29, and after document screening and interviews, recommended six candidates to the foundation on April 6. Accordingly, the foundation's board of directors will appoint three of the six recommended candidates as open directors and request approval of their appointment from the Ministry of Education, the competent authority.
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A foundation official stated, "With the appointment of three open directors, positive roles such as strengthened communication between the foundation and the local community are expected in the future."
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