Kangwon Land has appointed Kim Do-kyun, former commander of the Army Capital Defense Command, as its new CEO.
On August 26, Kangwon Land held its 34th extraordinary general meeting at the High1 Palace Hotel, where it approved the appointment of the new CEO, an executive director (vice president), and an audit committee member, along with some amendments to its articles of incorporation.
During the meeting, the appointment of Kim as CEO was approved, along with the selection of Yoo Jeong-bae, former president of the Korea Coal Corporation, as executive director, and Jang Kyung-yeol, former head of the Gangwon branch of the National Intelligence Service, as audit committee member.
The new CEO candidate will be officially appointed by the president following a recommendation from the Minister of Trade, Industry and Energy. The term is set for three years from the date of appointment.
Yoo Jeong-bae has been appointed as the executive director, with a term of two years, following the selection process at the general meeting and final appointment by the head of the organization.
Jang Kyung-yeol has been appointed as the audit committee member, with a two-year term, following a recommendation from the Minister of Economy and Finance and final appointment by the president.
Kangwon Land also approved amendments to its articles of incorporation to reflect changes in the Commercial Act and enhance shareholder rights protection.
Key changes include the introduction of electronic shareholder meetings, modifications to the election process for audit committee members, changes in voting rights for the appointment and dismissal of audit committee members, and specifications regarding the holding and disposal of treasury shares.
The introduction of electronic shareholder meetings aims to expand opportunities for shareholder participation and enhance the protection of shareholder rights and the transparency of corporate governance.
On August 26, Kangwon Land held its 34th extraordinary general meeting at the High1 Palace Hotel, where it approved the appointment of the new CEO, an executive director (vice president), and an audit committee member, along with some amendments to its articles of incorporation.
During the meeting, the appointment of Kim as CEO was approved, along with the selection of Yoo Jeong-bae, former president of the Korea Coal Corporation, as executive director, and Jang Kyung-yeol, former head of the Gangwon branch of the National Intelligence Service, as audit committee member.
The new CEO candidate will be officially appointed by the president following a recommendation from the Minister of Trade, Industry and Energy. The term is set for three years from the date of appointment.
Yoo Jeong-bae has been appointed as the executive director, with a term of two years, following the selection process at the general meeting and final appointment by the head of the organization.
Jang Kyung-yeol has been appointed as the audit committee member, with a two-year term, following a recommendation from the Minister of Economy and Finance and final appointment by the president.
Kangwon Land also approved amendments to its articles of incorporation to reflect changes in the Commercial Act and enhance shareholder rights protection.
Key changes include the introduction of electronic shareholder meetings, modifications to the election process for audit committee members, changes in voting rights for the appointment and dismissal of audit committee members, and specifications regarding the holding and disposal of treasury shares.
The introduction of electronic shareholder meetings aims to expand opportunities for shareholder participation and enhance the protection of shareholder rights and the transparency of corporate governance.
* This article has been translated by AI.
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