POSCO Next Chairman Internal Candidates Confirmed at 7... External Candidates at 15
External Candidates to Be Referred for Reputation Checks by Specialized Agencies
Final Candidate List for In-Depth Interviews to Be Released at the End of This Month
The number of internal candidates for the next chairman of POSCO Holdings has been finalized at seven.
The POSCO Holdings CEO Candidate Recommendation Committee (CRC) held its 5th meeting on the 10th and announced that it had selected seven 'internal long-list candidates' and 15 'external reputation inquiry targets.'
After receiving the reputation inquiry results for the eight internal candidates requested on the 3rd, the CRC conducted additional screening and excluded one candidate.
At the same time, the CRC received external candidate recommendations from shareholders and 10 headhunting agencies by the 8th, narrowing the list down to 20. During the 5th meeting, a first round of screening was conducted, excluding five candidates. The CRC plans to request reputation inquiries from external professional organizations for the remaining 15 candidates.
POSCO Building, Yeoksam-dong, Gangnam-gu, Seoul. Photo by Younghan Heo younghan@
View original imageThe reputation inquiry results are expected to be received on the 16th, and based on these results, the 'external long list' will be finalized at the CRC meeting on the 17th.
For the confirmed candidates, advice will be sought from a 'CEO Candidate Advisory Group' composed of five external members.
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Park Hee-jae, CRC Chairman and Professor of Mechanical Engineering at Seoul National University, stated, "All processes are currently proceeding smoothly in accordance with the procedures set out in the 'New Governance Improvement Plan' announced on December 21 last year," adding, "We expect to disclose the final list of candidates for in-depth interviews by the end of this month."
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