GS Group Establishes 'GS Cultural Foundation'... Heo Tae-soo and Ballerina Kang Su-jin Appointed as Directors

Opening Scheduled for Next Year to Mark 20th Anniversary of GS Group
Huh Tae-soo: "A New Type of Foundation Integrating Digital Technology"

GS Group has established the 'GS Cultural Foundation' and appointed Huh Tae-soo, Chairman of GS Group, as its chairman.

The GS Cultural Foundation held its inaugural general meeting at the GS Tower in Yeoksam-dong, Gangnam-gu, Seoul in July, appointing Chairman Huh as chairman, and completing the board of directors by appointing Kang Su-jin, Artistic Director of the National Ballet Company, Bang Hyo-jin, former CEO of DBS Bank Korea, Na Wan-bae, former Vice Chairman and CEO of GS Energy, and Lee Jun-myung, lawyer at Kim & Chang law firm, as directors. The foundation was officially established on the 21st, the 29th announced.

The board members of the GS Cultural Foundation at the inaugural general meeting held on July 3rd at GS Tower in Yeoksam-dong, Seoul. From the left: Lee Jun-myung, lawyer at Kim & Chang Law Office; Bang Hyo-jin, former Korea representative of DBS Bank; Kim Hyun-ah, head of the Public Relations and Marketing Team at the National Ballet of Korea (attending on behalf of Director Kang Soo-jin); Huh Tae-soo, chairman of GS Group; Na Wan-bae, former vice chairman of GS Energy; Hong Soon-gi, CEO of GS Corporation. (Photo by GS Group)

The GS Cultural Foundation was established with the purpose of planning and supporting excellent cultural and artistic content and contributing to the creation of a sustainable cultural and artistic ecosystem. It also aims to practice and widely promote sustainability, one of GS Group's core values, within the cultural and artistic community.

In particular, through the production, support, and supply of outstanding cultural content, the foundation plans to increase opportunities for a large audience to enjoy high-quality cultural and artistic content. It will also create the best environment for mutual growth between performance providers and consumers by establishing stable infrastructure necessary for performances and professional management.

The new home of the GS Cultural Foundation is the former LG Arts Center Yeoksam building located in Yeoksam-dong GS Tower, which will be remodeled into a 1,200-seat venue by early next year. It will actively introduce various performances including dance, music, theater, musicals, and media.

The performance hall, scheduled to open in line with the 20th anniversary of GS Group's launch next year, plans to hold its own programs for about three months annually, and for about eight months, it will expand public recognition by renting the venue for musicals, theater, and other performances.

Chairman Huh, who is the representative co-founder of the foundation and its inaugural chairman, said, "It was a cultural space that received much love in the past, and having waited a long time for remodeling, we will make it a space that is loved even more." He emphasized, "We will contribute to creating a sustainable cultural ecosystem by integrating the group's ongoing 'digital innovation' into cultural and artistic services and content."

Artistic Director Kang stated, "Through the operation of the new GS performance hall integrated with digital work innovation, we will sensitively respond to the needs of artists and audiences and provide the highest level of diverse contemporary art experiences."

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