/PRNewswire/ KT&G Corporation ("KT&G" or the "Company") (KRX:033780) held its 37th Annual General Meeting of Shareholders ("AGM") on March 28, 2024 at KT&G.
KT&G succeeded in appointing Senior Executive Vice President Bang Kyung-man as its new CEO, Thursday, overcoming opposition from the Industrial Bank of Korea (IBK), its largest shareholder, and the activist fund Flashlight Capital Partners (FCP), as well as from Institutional Shareholder Services, the world’s leading proxy adviser.
KT&G's Senior Executive Vice President Bang Kyung-man has cleared the final hurdle to become the company's CEO by winning shareholders approval Thursday, marking the cigarette maker's first leadership change in nine years. The decision was made at the company’s 37th annual general meeting of shareholders, held at KT&G Human Resources Development Center in Daejeon. “I am deeply grate.
/PRNewswire/ KT&G Corporation ("KT&G" or the "Company") (KRX:033780) held a board meeting today to resolve the convening of the Annual General Meeting of.