Jang Yong-ho, President of SK Siltron, Appointed as New CEO of SK Corp... Investment Functions Unified

Jang Yong-ho, the new CEO of SK Inc. Photo by SK Inc.

SK Inc. has appointed Jang Yong-ho, President of SK Siltron, as its new CEO (Chief Executive Officer).

On the 7th, SK Inc. announced its 2024 organizational restructuring and executive appointments, naming Jang Yong-ho, President of SK Siltron, as the new CEO. Since joining Yukong, the predecessor of SK Innovation, in 1989, CEO Jang has held key positions including Head of Portfolio Management (PM) at SK Inc. in 2015, President and CEO of SK Materials in 2018, and President and CEO of SK Siltron in 2020. Throughout his career, he has significantly contributed to strengthening SK Group's semiconductor materials portfolio and improving business performance.

The core direction of this organizational restructuring is to enhance portfolio management capabilities to streamline investment functions and increase corporate value in response to changes in the global business environment.

To this end, all investment functions, which had been divided between the SK Supex Council and SK Inc., will be transferred entirely to SK Inc. The global offices in the United States, China, Japan, and other locations, previously under the council, will also be moved to SK Inc. By unifying and streamlining overlapping investment functions, SK Inc. plans to increase the future value of its investment assets.

Additionally, SK Inc. intends to strengthen the portfolio management function inherent to a holding company to actively support the enhancement of corporate value for its member companies.

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