The Korea Times
amn_close.png
amn_bl.png
National
  • Politics
  • Foreign Affairs
  • Multicultural Community
  • Defense
  • Environment & Animals
  • Law & Crime
  • Society
  • Health & Science
amn_bl.png
Business
  • Tech
  • Bio
  • Companies
  • World Expo 2030
amn_bl.png
Finance
  • Companies
  • Economy
  • Markets
  • Cryptocurrency
amn_bl.png
Opinion
  • Editorial
  • Columns
  • Thoughts of the Times
  • Cartoon
  • Today in History
  • Blogs
  • Tribune Service
  • Blondie & Garfield
  • Letter to the Editor
amn_bl.png
Lifestyle
  • Travel & Food
  • Trends
  • People & Events
  • Books
  • Around Town
  • Fortune Telling
amn_bl.png
Entertainment & Arts
  • K-pop
  • Films
  • Shows & Dramas
  • Music
  • Theater & Others
amn_bl.png
Sports
  • Hangzhou Asian Games
amn_bl.png
World
  • SCMP
  • Asia
amn_bl.png
Video
  • Korean Storytellers
  • POPKORN
  • Culture
  • People
  • News
amn_bl.png
Photos
  • Photo News
  • Darkroom
amn_NK.png amn_DR.png amn_LK.png amn_LE.png
  • bt_fb_on_2022.svgbt_fb_over_2022.svg
  • bt_twitter_on_2022.svgbt_twitter_over_2022.svg
  • bt_youtube_on_2022.svgbt_youtube_over_2022.svg
  • bt_instagram_on_2022.svgbt_instagram_over_2022.svg
The Korea Times
amn_close.png
amn_bl.png
National
  • Politics
  • Foreign Affairs
  • Multicultural Community
  • Defense
  • Environment & Animals
  • Law & Crime
  • Society
  • Health & Science
amn_bl.png
Business
  • Tech
  • Bio
  • Companies
  • World Expo 2030
amn_bl.png
Finance
  • Companies
  • Economy
  • Markets
  • Cryptocurrency
amn_bl.png
Opinion
  • Editorial
  • Columns
  • Thoughts of the Times
  • Cartoon
  • Today in History
  • Blogs
  • Tribune Service
  • Blondie & Garfield
  • Letter to the Editor
amn_bl.png
Lifestyle
  • Travel & Food
  • Trends
  • People & Events
  • Books
  • Around Town
  • Fortune Telling
amn_bl.png
Entertainment & Arts
  • K-pop
  • Films
  • Shows & Dramas
  • Music
  • Theater & Others
amn_bl.png
Sports
  • Hangzhou Asian Games
amn_bl.png
World
  • SCMP
  • Asia
amn_bl.png
Video
  • Korean Storytellers
  • POPKORN
  • Culture
  • People
  • News
amn_bl.png
Photos
  • Photo News
  • Darkroom
amn_NK.png amn_DR.png amn_LK.png amn_LE.png
  • bt_fb_on_2022.svgbt_fb_over_2022.svg
  • bt_twitter_on_2022.svgbt_twitter_over_2022.svg
  • bt_youtube_on_2022.svgbt_youtube_over_2022.svg
  • bt_instagram_on_2022.svgbt_instagram_over_2022.svg
  • Login
  • Register
  • Login
  • Register
  • The Korea Times
  • search
  • all menu
  • Login
  • Subscribe
  • Photos
  • Video
  • World
  • Sports
  • Opinion
  • Entertainment & Art
  • Lifestyle
  • Finance
  • Business
  • National
  • North Korea
  • 1

    INTERVIEWYim Si-wan went extra mile to portray legendary athlete in 'Road to Boston'

  • 3

    S. Korea to stage massive military parade as tensions with North remain high

  • 5

    K-pop group Kingdom recalls album cover resembling Quran

  • 7

    BTS' Jungkook to drop 2nd solo single '3D'

  • 9

    4 in 10 Koreans experience overdue wages: survey

  • 11

    The ethical issues of AI: fighting the right battles

  • 13

    Mirae Asset Global Investments' AUM reaches $219 bil.

  • 15

    Tanghulu captures hearts of Korean millennials and Gen Z

  • 17

    Bears of Joseon part 2: Behind bars

  • 19

    An American high school experience in Seoul

  • 2

    Samsung, SK relieved by revised chip restrictions on China

  • 4

    China's 'batwoman' scientist warns another coronavirus outbreak is 'highly likely'

  • 6

    Seoul, Beijing try to mend fences as Russia and N. Korea grow closer

  • 8

    Patients, doctors at loggerheads as operating room CCTV footage made mandatory

  • 10

    Korea, Saudi Arabia celebrate 93rd Saudi National Day, vow stronger cooperation

  • 12

    Lee Jae-myung's possible arrest looms over main opposition party

  • 14

    Low growth becomes new normal for Korean economy

  • 16

    LG Chem to build LFP cathode plant with Huayou in Morocco

  • 18

    PHOTOSHarvest season arrives

  • 20

    Russian FM to visit Pyongyang next month as follow-up to Kim-Putin summit

Close scrollclosebutton

Close for 24 hours

Open
  • The Korea Times
  • search
  • all menu
  • Login
  • Subscribe
  • Photos
  • Video
  • World
  • Sports
  • Opinion
  • Entertainment & Art
  • Lifestyle
  • Finance
  • Business
  • National
  • North Korea
Business
  • Tech
  • Bio
  • Companies
  • World Expo 2030
Tue, September 26, 2023 | 13:57
Companies
New CEOs to lead SK Group's ICT units
Posted : 2022-12-01 16:42
Updated : 2022-12-02 15:27
Park Jae-hyuk
Print PreviewPrint Preview
Font Size UpFont Size Up
Font Size DownFont Size Down
  • facebook
  • twitter
  • kakaolink
  • whatsapp
  • reddit
  • mailto
  • link
SK Group headquarters in Seoul / Korea Times file
SK Group headquarters in Seoul / Korea Times file

By Park Jae-hyuk

SK Group carried out an annual reshuffle of CEOs at its affiliates, Thursday, indicating its intention to focus more on stable operations next year amid growing uncertainties in the global business environment.

Most of the group's vice chairman-level executives ― SK Inc. CEO Jang Dong-hyun, SK Innovation CEO Kim Jun and SK hynix CEO Park Jung-ho ― maintained their positions.

SK E&S Vice Chairman Yu Jeong-joon was appointed to direct SK Group's public relations in North America and serve as the CEO of PassKey, a U.S. subsidiary of SK E&S in charge of energy solutions. As a result, SK E&S CEO Choo Hyeong-wook became the sole leader of the energy firm.

Cho Dae-sik, chairman of SK Supex Council, the group's decision-making body, was also allowed to serve his fourth two-year term. He has retained the seat since his appointment in 2017.

SK Group headquarters in Seoul / Korea Times file
SK Supex Council Chairman Cho Dae-sik / Korea Times file

Lee Hyung-hee, the Supex Council's social value committee head, who is also the vice chairman of the Korea Chamber of Commerce and Industry, was replaced by SK Energy CEO Cho Kyung-mok. Lee was appointed to lead the council's communication committee.

Among the president-level executives, SK C&C CEO Park Sung-ha was appointed as the CEO of SK Square, an investment firm that holds SK hynix, 11Street and Tmap Mobility as its subsidiaries. His position as the SK C&C CEO was given to SK Square Chief Investment Officer Yoon Poong-young, who joined SK Telecom in 2007 after working for IBM.

The new SK Square CEO has been recognized for designing investment portfolios and discovering digital-related new businesses, despite the recent fire at SK C&C's data center building in Seongnam, Gyeonggi Province, which caused the worst-ever disruptions in Kakao's mobile services. He previously worked for SK Supex Council.

Given that SK Square had been led by the SK hynix CEO, the new chief executive's appointment will likely enable the chipmaker to focus more on managing risks involving the global semiconductor industry amid the looming economic recession.

SK Telecom did not replace its incumbent CEO Ryu Young-sang. In addition, he was appointed to lead both SK Telecom and its subsidiary, SK Broadband.

SK Group headquarters in Seoul / Korea Times file
From left are SK Telecom CEO Ryu Young-sang, who was also appointed to lead SK Broadband, SK Square CEO nominee Park Sung-ha and SK C&C CEO nominee Yoon Poong-young. Courtesy of each company

SK Biopharmaceuticals, which is in charge of developing innovative novel drugs, replaced CEO Cho Jeong-woo with Lee Dong-hoon, head of SK Inc.'s bio investment center.

Lee previously worked for Samjong KPMG and Dong-A Pharmaceuticals. After joining SK Inc., he contributed to the company's bio investments, including the acquisition of Yposkesi, a French contract development and manufacturing organization, and the establishment of a joint venture called Proteovant with Swiss healthcare company Roivant Sciences.

SK Chemicals and SK Discovery swapped their CEOs ― SK Chemicals CEO Jeon Kwang-hyun, who was transferred to SK Discovery, and SK Discovery CEO Ahn Jae-hyun, who moved to SK Chemicals.


Emailpjh@koreatimes.co.kr Article ListMore articles by this reporter
 
miguel
wooribank
Top 10 Stories
14 in 10 Koreans experience overdue wages: survey 4 in 10 Koreans experience overdue wages: survey
2Tanghulu captures hearts of Korean millennials and Gen Z Tanghulu captures hearts of Korean millennials and Gen Z
3[PHOTOS] Harvest season arrives PHOTOSHarvest season arrives
4K-pop fans rally in Seoul against luxury brands' failure on climate action K-pop fans rally in Seoul against luxury brands' failure on climate action
5Korean gov't faces international criticism for R&D budget cuts Korean gov't faces international criticism for R&D budget cuts
6LG Uplus, Hanwha develop ceiling-mounted EV charging system LG Uplus, Hanwha develop ceiling-mounted EV charging system
7[EXCLUSIVE] Lawmakers to submit resolution urging China to free N. Korean escapees EXCLUSIVELawmakers to submit resolution urging China to free N. Korean escapees
8SK earthon begins crude oil production in South China Sea SK earthon begins crude oil production in South China Sea
9Main opposition chief in showdown with prosecutors over arrest Main opposition chief in showdown with prosecutors over arrest
10Homeplus' private brand products hit store shelves in Mongolia Homeplus' private brand products hit store shelves in Mongolia
Top 5 Entertainment News
1K-pop group Kingdom recalls album cover resembling Quran K-pop group Kingdom recalls album cover resembling Quran
2BTS' Jungkook to drop 2nd solo single '3D' BTS' Jungkook to drop 2nd solo single '3D'
3Cho Seong-jin celebrates 140-year ties between Korea, UK Cho Seong-jin celebrates 140-year ties between Korea, UK
4[INTERVIEW] ONEUS returns as 'mermaid prince' INTERVIEWONEUS returns as 'mermaid prince'
5[INTERVIEW] Yim Si-wan went extra mile to portray legendary athlete in 'Road to Boston' INTERVIEWYim Si-wan went extra mile to portray legendary athlete in 'Road to Boston'
DARKROOM
  • Turkey-Syria earthquake

    Turkey-Syria earthquake

  • Nepal plane crash

    Nepal plane crash

  • Brazil capital uprising

    Brazil capital uprising

  • Happy New Year 2023

    Happy New Year 2023

  • World Cup 2022 Final - Argentina vs France

    World Cup 2022 Final - Argentina vs France

CEO & Publisher : Oh Young-jin
Digital News Email : webmaster@koreatimes.co.kr
Tel : 02-724-2114
Online newspaper registration No : 서울,아52844
Date of registration : 2020.02.05
Masthead : The Korea Times
Copyright © koreatimes.co.kr. All rights reserved.
  • About Us
  • Introduction
  • History
  • Contact Us
  • Products & Services
  • Subscribe
  • E-paper
  • RSS Service
  • Content Sales
  • Site Map
  • Policy
  • Code of Ethics
  • Ombudsman
  • Privacy Statement
  • Terms of Service
  • Copyright Policy
  • Family Site
  • Hankook Ilbo
  • Dongwha Group