EcoPro Appoints Sangwoon Choi as President and Jonghwan Park as President of EcoPro H C&E
Executive Appointments Carried Out Two Months Earlier Than Usual
Hojun Song Appointed as CEO of EcoPro BM
EcoPro to Adopt Joint CEO System with Sangwoon Choi and Jangwoo Kim
EcoPro announced on October 1 that, in order to enhance external collaboration following the elevation of the group's status and to secure future growth engines through business diversification, it carried out promotions and executive appointments for its executive team as of September 30.
Last year, EcoPro Group implemented its executive appointments on December 22, but this year, the group moved up the process by over two months. According to EcoPro, "This measure is intended to have the newly nominated CEOs personally establish and execute next year's business plans with a greater sense of responsibility."
EcoPro promoted Sangwoon Choi, Head of EcoPro Management Support Division, and Jonghwan Park, CEO of EcoPro EM, to the position of President. In addition to their promotions, Mr. Choi and Mr. Park were respectively nominated as CEO of EcoPro and CEO of EcoPro H C&E. President Choi was highly recognized for overseeing the company's key foundational operations, thereby solidifying the foundation for organizational stability and sustainable growth.
The newly appointed Jonghwan Park, CEO of EcoPro H C&E, is a battery expert specializing in the field of cathode materials for secondary batteries. He was promoted to president in recognition of his achievements in establishing mass production systems, including building new cathode material plants. As the new CEO of EcoPro H C&E, President Park plans to concentrate on strengthening the company's semiconductor materials capabilities as well as enhancing its competitiveness in secondary battery materials manufacturing.
There were also CEO-level appointments among group affiliates.
Hojun Song, CEO of EcoPro, has been nominated as the CEO of EcoPro BM. The company stated, "EcoPro BM plans to strengthen its role as an intermediate holding company overseeing secondary battery materials under the responsibility of its new CEO, Hojun Song. EcoPro BM will also complete the management systems for its overseas subsidiaries in Hungary and Canada, and strengthen its future growth drivers through investment in the BNSI smelter in Indonesia."
The newly appointed CEO, Hojun Song, will concurrently serve as CEO of EcoPro BM and its subsidiary.
Jangwoo Kim, Management Representative of EcoPro BM, will jointly serve as CEO of EcoPro together with President Choi at the holding company. Mr. Kim will oversee the group's finance and business management.
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The newly nominated CEOs are expected to be officially appointed after going through each company's board of directors and shareholders' meetings as required.
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