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Korea's dominant cigarette maker KT&G shareholders approve Bang Kyung-man as new CEO

KT&G, Korea s dominant cigarette maker, on Thursday appointed Senior Executive Vice President Bang Kyung-man as its new chief executive after shareholders endorsed his nomination at an annual meeting. ....

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KT&G shareholders approve CEO nominee despite opposition from IBK, FCP

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. ....

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Bang Kyung-man named as KT&G's new CEO

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. ....

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KT&G names company veteran as new CEO

KT&G Senior Executive Vice President Bang Kyung-man has been selected as the candidate for CEO of Korea's largest cigarette manufacturer, the company said Thursday. Bang's official appointment is scheduled to be made at the end of March during the regular shareholders' meeting. If Bang is appointed, it will mark the first change in KT&G's presidency in nine years. Earlier on Feb. 16, the c. ....

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KT&G appoints global business expert as next CEO

KT&G announced the appointment of Senior Executive Vice President Bang Kyung-man as the final candidate for its next CEO. The company stated that he is the most qualified individual to drive the firm s global expansion efforts and enhance its brand image. ....

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