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Former POSCO President Chang In-hwa was selected on Thursday to serve as the next chairman, tasked with leading the steelmaker and other affiliates of the nation s fifth-largest business group for the next three years. ....
Police are investigating 12 board members and four executives of Posco Holdings on charges of occupational breach of trust over allegations that they had subsidiaries partially pay for a lavish five-night-seven-day trip to Canada in August last year. Some of them, including outside directors who are professors, are also suspected of violating the law on improper solicitation and graft. Citing a complaint filed with t. ....
Police are investigating 12 board members and four executives of Posco Holdings on charges of occupational breach of trust over allegations that they had subsidiaries partially pay for a lavish five-night-seven-day trip to Canada in August last year. Some of them, including outside directors who are professors, are also suspected of violating the law on improper solicitation and graft. Citing a complaint filed with t. ....
Police have booked the CEO of Korean steel titan POSCO and a dozen other board members for investigations on charges of having subsidiary firms shoulder their overseas board meeting expenses worth some 700 million won ($531,672). ....