SK Square appoints CEOs for One Store, T map, and FSK L&S... "Placement of young talent"
"On Average 5 Years Younger Than Predecessor... Strengthening Competitiveness"
Organizational Restructuring for Value-Up Promotion Underway
Integrated into CIO and Portfolio Management System
SK Square announced on the 5th that it has newly appointed CEOs for major portfolio companies such as One Store and T Map Mobility.
The new CEOs are talented individuals who are on average 5 years younger than their predecessors, with plans to strengthen competitiveness and execution capabilities.
One Store is now led by CEO Park Tae-young, born in 1976. CEO Park was responsible for portfolio management within SK Square's Chief Investment Officer (CIO) organization and will take charge of enhancing One Store's corporate value based on his long-term experience managing the company.
Lee Jae-hwan has been appointed CEO of T Map Mobility. Born in 1974, CEO Lee was a founding member of T Map Mobility and plans to leverage his experience as Chief Strategy Officer (CSO) to transform the company into an AI-based mobility data enterprise.
Kim Yong-jik, born in 1969, has been appointed CEO of the logistics company FSK L&S. CEO Kim is a procurement and logistics expert from the electric vehicle battery company SK On. He aims to elevate the company to a global logistics enterprise.
Earlier last month, SK Square appointed Yoo Jae-wook (born in 1977), a portfolio management expert and head of SK Investment Analysis 2, as the new CEO of SK Planet.
Organizational restructuring to promote value-up initiatives will also be carried out. First, to focus on portfolio value-up based on operational improvement (O/I), the existing 'dual CIO' system will be integrated into a single organization called 'CIO·Portfolio Management.' The purpose of this new organizational restructuring is to operate all stages from investment to value-up to profit realization within one organization.
CIO Song Jae-seung will be responsible for both investment and portfolio management, and MD Jung Jin-myung has been newly appointed as an executive (acting).
Additionally, SK Square has strengthened personnel and capabilities to invest in future growth areas such as AI and semiconductors.
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Furthermore, to enhance investment and risk management functions, executive Choi Soo-jin has been promoted and appointed to oversee Legal & Compliance.
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