KT is facing backlash from the union and the main opposition party, as the telecommunication firm hired three more former prosecutors recently as senior executives, amid the ongoing investigation into alleged irregularities involving former CEO Ku Hyeon-mo, according to industry officials, Thursday.
POSCO Group made an unusual comment on Friday, refuting the National Pension Service’s (NPS) claim that the steelmaker is suspected of using unfair methods to reappoint the incumbent chairman, Choi Jeong-woo, to lead the nation’s fifth-largest business group over the next three years.
POSCO Group made an unusual comment on Friday, refuting the National Pension Service’s (NPS) claim that the steelmaker is suspected of using unfair methods to reappoint the incumbent chairman, Choi Jeong-woo, to lead the nation’s fifth-largest business group over the next three years.
South Korean telecommunications giant KT Corp. on Wednesday appointed a new chief following several months without a CEO. The company said its shareholders approved the appointment of Kim Young-shub, the former CEO of IT service provider LG CNS, as its new head at a shareholders meeting earlier in the day in Seoul. The agenda passed with the approval of more than 60 percent of the total voting shares. Upon his appoin.
Kim Young-shub, the newly appointed CEO of the country s telecommunication giant KT, said Wednesday that he will work on improving the telecommunications company s value and building momentum to achieve sustainable growth.