Dec. 28, 2023
2.3 years
Dec. 28, 2023
Subscribed
Bachelor’s degree in International Economics at Seoul National University
Current) President of Hyundai Steel
Former) Head of Planning and Finance Division at Hyundai Motor Company
Mar. 22, 2023
3 years
Mar. 22, 2023
Subscribed
Bachelor’s degree in Metallurgical Engineering at Dong-a University
Current) Executive Vice President & the Head of Long Products Business Division at Hyundai Steel
Former) Head of the Sheet Material Division at Hyundai Steel
Mar. 25, 2025
3 years
Mar. 25, 2025
Subscribed
Bachelor’s Degree in Metallurgical Engineering, Younsei University
Current): Vice President and Head of the Steel Products Division at Hyundai Steel
Former) Head of the R&D Center at Hyundai Steel
Mar. 26, 2024
3 years
Mar. 26, 2024
Subscribed
Bachelor’s Degree in Economics, Korea University
Current) Executive Director and Head of the Finance Division at Hyundai Steel
Former) Head of Finance Division at Hyundai Engineering & Construction
Non-Executive Director at Hyundai BNG Steel
Mar. 26, 2024
3 years
Mar. 23, 2021
Subscribed
Ph.D. in Civil and Environmental Engineering, the University of Washington
Current) Professor in the Department of Architecture,
Seoul National University of Science and Technology
Former) Vice President of the Korean Society of Steel Construction
Mar. 26, 2024
3 years
Mar. 23, 2021
Subscribed
Ph.D. in Business Administration, Yonsei University
Current) Professor in the Department of Business Administration, the University of Seoul
Former) Vice President of the Korean Association for Accounting and Policy
Outside Director at OLIVE YOUNG
Mar. 25, 2025
3 years
Mar. 23, 2022
Subscribed
Ph.D. in Law, the University of Augsburg
Current) Professor at Korea University School of Law
Former) President of the Korean Social Security Law Association
Outside Director at LOTTE CHEMICAL
Mar. 26, 2024
3 years
Mar. 26, 2024
Subscribed
Ph.D. in Business Strategy, Columbia University
Current) Professor at the College of Business Administration, Seoul National University
Former) Vice President of the Korean Society of Strategic Management
Outside Director at KT (Korea Telecom)
Mar. 25, 2025
3 years
Mar. 25, 2025
Subscribed
Ph.D. in Metallurgical Engineering, Yonsei University
Current) Professor in Materials Science & Engineering, Yonsei University
Former) Vice President of Academic affairs at the Korean Institute of Metals and Materials
Hyundai Steel strives to constitute the Board of Directors with a variety of directors in consideration of the interests of various stakeholders such as shareholders or customers, for the Board of Directors making important decisions based on a broader perspective.
Hyundai Steel organizes a majority of its directors as Independent Directors.
In addition, all directors are appointed by presenting individual agenda items at the general shareholders' meeting, so that they can faithfully perform their duties as Independent Directors. Hyundai Steel prohibits concurrent offices as directors, executive officers, and auditors of two or more other companies. Hyundai Steel abides by domestic commercial law and other related laws in order to verify the independence of Independent Directors, and also establishes independence requirements which apply or more stringent than global code; the Board of Director and Independent Director Candidate Recommendation Committee shall determine the independence of a candidate of, and an incumbent director based on these requirements. Independent Directors are directors who are not members of the company’s executive directors, and are not in any of the following subparagraph. Those applicable to any of these subparagraphs will lose their position:
In addition to the requirements above, the Board of Directors shall consider comprehensively how a director is related to the company in determining its independence, including the domestic and international circumstances and that of directors and the company.
Classification | Internal Director | External Director | |||||||||
---|---|---|---|---|---|---|---|---|---|---|---|
Gang-hyun Seo | Won-bae Kim | Bo-ryoung Lee | Kwang-pyung Kim | Jung-han Yoo | Geum-joo Jahng | Ji-soon Park | Seung-ah Cho | Young-kook Lee | |||
Competency Indicator | Leadership | 100% | ○ | ○ | ○ | ○ | ○ | ○ | ○ | ○ | ○ |
CEO experience | 22% | ○ | ○ | ||||||||
CFO experience | 22% | ○ | ○ | ||||||||
Finance/Accounting | 33% | ○ | ○ | ○ | |||||||
Management/Economics | 56% | ○ | ○ | ○ | ○ | ○ | |||||
Production/R&D | 44% | ○ | ○ | ○ | ○ | ||||||
Legal/Regulatory | 11% | ○ | |||||||||
Diversity Indicator | Year of initial appointment | 2023 | 2023 | 2025 | 2024 | 2021 | 2021 | 2022 | 2024 | 2025 | |
Year of birth | 1968 | 1966 | 1965 | 1969 | 1969 | 1971 | 1967 | 1967 | 1964 | ||
Gender | Male | Male | Male | Male | Male | Female | Male | Female | Male |
Corporate name | Date of appointment | Contract duration |
---|---|---|
Deloitte Anjin LLC | Jan. 1, 2025 | 2025~2027 |
Auditing the company’s accounting and operations, and requiring reports related to sales Investigating the company’s operations and financial condition, etc.
External Director: Geum-joo Jahng (Chairperson), Jung-han Yoo, Ji-soon Park, Young-kook Lee
Review of internal transaction transparency, promotion of ethical management, and protection of shareholders’ rights and interests, etc.
External Director: Jung-han Yoo (Chairperson), Geum-joo Jahng, Ji-soon Park, Seung-ah Cho, Young-kook Lee
Recommendation of Candidates for External Directors
Approval of the limit on directors’ renumeration to be submitted to the regular shareholders’ meeting, etc.
Session | Date | Agenda | Status | Participation ratio (total directors) | Participation ratio of independent directors |
---|---|---|---|---|---|
Regular 1st | Jan. 30, 2024 |
|
Approved | 100% | 100% |
○ Reported Items
|
- | 100% | 100% | ||
Ad hoc 1st | Feb. 26, 2024 |
|
Approved | 100% | 100% |
○ Reported Items
|
- | 100% | 100% | ||
Ad hoc 2nd | Mar. 31, 2024 |
|
Approved | 100% | 100% |
Ad hoc 3rd | Mar. 26, 2024 |
|
Approved | 89% | 80% |
Regular 2nd | Apr. 30, 2024 |
○ Reported Items
|
- | 100% | 100% |
Ad hoc 4th | Jun. 27, 2024 |
|
Approved | 100% | 100% |
Regular 3rd | Jul. 25, 2024 |
○ Reported Items
|
- | 100% | 100% |
Regular 4th | Oct. 25, 2024 |
|
Approved | 100% | 100% |
○ Reported Items
|
- | 100% | 100% |
Time and Date: Mar. 25, 2025 (Tuesday) 10:00 A.M. Venue: 217 Jemullyang-ro, Harbor Park Hotel 2nd Floor, Grand Ballroom, Jung-gu, Incheon
Total number of issued shares | Total number of shares with voting rights | Number of shares present at the meeting | Major shareholders and affiliated persons | Other information |
---|---|---|---|---|
133,445,785 | 131,545,739 | 86,077,142 | 47,984,428 | 38,092,714 |
Agenda | Percentage of shares | Remarks | |
---|---|---|---|
Approval rate | Disapproval rate | ||
No.1: Approval of the financial statements for the 60th financial year (2024) | 98.0 | 2.0 | Approved as originally proposed |
No.2: Appointment of directors | - | - | - |
No.2-1: Appointment of internal director (Bo-ryoung Lee) | 99.5 | 0.5 | Approved as originally proposed |
No.2-2: Appointment of internal director (Ji-soon Park) | 92.8 | 7.2 | Approved as originally proposed |
No.2-3: Appointment of outside director (Young-kook Lee) | 85.5 | 14.5 | Approved as originally proposed |
No.3: Appointment of audit committee members | - | - | - |
No.3-1: Appointment of audit committee member (Ji-soon Park) | 83.6 | 16.4 | Approved as originally proposed |
No.3-2: Appointment of audit committee member (Young-kook Lee) | 86.0 | 14.0 | Approved as originally proposed |
No.4: Approval of director’s compensation cap | 99.6 | 0.4 | Approved as originally proposed |