Hanul & Jeju Switches to Sole-CEO System, Boosting Management Efficiency and Business Competitiveness

Hanul & Jeju is reorganizing its management structure to strengthen its business competitiveness and enhance corporate value. The company plans to streamline decision-making by consolidating its CEO structure and accelerate the search for new growth drivers through cooperation among Hanul Group affiliates.

Hanul & Jeju said on Oct. 28 that, following the resignations of some board members and a change to its CEO structure, it had switched from a co-CEO system to a sole-CEO system. The key aim of the restructuring is to improve management efficiency and accountability by consolidating decision-making on major management issues.

The company plans to make active use of the business and management capabilities of Hanul Group affiliates to strengthen the stable operating foundations of its existing businesses. It aims to boost business competitiveness through cooperation among affiliates while identifying new growth opportunities.

The company also identified stable business execution and stronger financial soundness as key management priorities. It plans to focus its capabilities on ensuring the smooth progress of ongoing projects while establishing a foundation for mid- to long-term growth.

The company will also expand communication with shareholders and the market. It aims to enhance corporate value by improving management transparency and strengthening external credibility.

A company official said, "Taking this management restructuring as an opportunity, we will improve decision-making efficiency and management accountability and establish a stable foundation for business operations. We will leverage Hanul Group's diverse business capabilities to identify new growth opportunities and focus on enhancing corporate value."

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