[Concall] POSCO Holdings "Difficult to Reverse or Abandon Growth Strategy After Appointing New Chairman"

Jung Ki-seop, President of POSCO Holdings, stated at the earnings presentation on the 31st, "We are pursuing mid- to long-term strategies with a long-term perspective and proceeding based on orders," adding, "It is not easy to reverse, change direction, or abandon investments that have been executed since the appointment of the new CEO."

He continued, "Please understand that the new growth strategy was adopted through discussions between the management and the board of directors under the strategy of maximizing shareholder value," and added, "The nomination committee is also expected to appoint a CEO who can effectively implement the growth strategy, and even after the appointment of the new CEO, a positive relationship between management and investors will be maintained."

'With Posco' sculpture at the POSCO building in Yeoksam-dong, Gangnam-gu, Seoul. Photo by Younghan Heo younghan@

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