Huvis General Meeting of Shareholders, Appointment of CEO Kim Seok-hyun

The 24th Regular Shareholders' Meeting... All Original Proposals Approved

Huvis announced on the 26th that it held the 24th regular general meeting of shareholders and an extraordinary board meeting at its headquarters in Gangnam-gu, Seoul, and appointed Kim Seok-hyun, SVP (Senior Vice President), as the CEO.

Born in 1969, the new CEO Kim graduated from Gwangju High School and earned a degree in Economics from Chonnam National University, followed by an MBA from Korea University.

He joined SK Chemicals (formerly Seonkyung Synthetic Fiber), a shareholder company of Huvis, in 1994. In 2000, when Huvis, a joint venture between Samyang Corporation and SK Chemicals, was launched, he was in charge of strategic planning.

After participating in the establishment of Sichuan Huvis in China, he served as the head of finance at Sichuan Huvis for six years from 2004, contributing to the company’s turnaround to profitability through liquidity improvement and securing financial soundness.

In 2012, he led Huvis’s listing on the KOSPI market and subsequently managed strategy and human resources.

Kim Seok-hyun, new CEO of Huvis [Photo by Huvis]

CEO Kim was appointed as Huvis’s representative on December 1 of last year and is currently overseeing management. He plans to focus on overcoming the company’s poor performance and strengthening business competitiveness going forward.

At the shareholders’ meeting held that day, Huvis reported business results of 927.7 billion KRW in sales and an operating loss of 71.6 billion KRW for the previous year. The meeting also approved all proposals, including the appointment of Yoon Seok-hwan, head of Samyang Holdings IC (Innovation Center), as an outside director and the reappointment of Kang Chang-hoon as an outside director.

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