GS Construction Executes Large-Scale Organizational Restructuring... Appoints 17 New Executive Directors
Generational Change Through Personnel Reform... Performance-Based Appointments
GS Construction announced on the 13th that it has carried out an organizational restructuring and executive appointments one month earlier than usual.
GS Construction plans to revitalize the organizational atmosphere through this restructuring. By implementing performance-based personnel appointments, it aims to strengthen autonomous management systems for each division and enhance future competitiveness through an organizational restructuring focused on company-wide quality improvement.
In this restructuring, 17 new managing directors were appointed, which is three times more than the previous year. A bold personnel change was made by replacing about 20 existing division heads. GS Construction also explained that it has laid the groundwork for a bold generational shift to younger executives through internal promotions and external recruitment of executives in their 40s.
Additionally, to respond quickly to issues, the existing structure of 6 sectors and 9 divisions will be reorganized into 10 divisions through integration of business organizations. In particular, a large number of executives with extensive on-site experience, which is the foundation of the construction industry, will be appointed to actively address quality issues.
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GS Construction stated, "Based on personnel renewal, we will establish a foundation for a new leap forward and strengthen more stabilized domestic and overseas business competitiveness through company-wide quality improvement."
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