SK Group Executes Executive Appointments Under 'Innovation Amid Stability'

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To respond to the uncertain domestic and global business environment, SK Group has executed executive appointments that retain a large number of chief executive officers (CEOs) at its key affiliates to ensure stability, while simultaneously promoting practical leaders with specialized expertise.

On the morning of the 30th, SK Group announced that it held an ad hoc meeting of the S.P.E.C.S. Council to share details on the executive appointments. A notable feature of this move is the adoption of a pragmatic personnel strategy that reassigned roles after multidimensional review of each affiliate's characteristics and expertise, rather than pursuing the drastic changes seen last year.

First, the retention of CEOs at key affiliates, including Chang Yong-ho, CEO of SK Inc., Gwak No-jeong, CEO of SK hynix, and Jung Jae-heon, President of SK Telecom, secured the stability of the management system. Alongside this, Kim Sun-hyuk, Head of the Strategy Division at SKC, who is regarded as a portfolio management expert within the group, was promoted and appointed as the president in charge of SK Inc. The newly appointed president plans to accelerate the 'portfolio rebalancing' efforts that have been pursued thus far, focusing on core value chains such as artificial intelligence (AI), semiconductors, and energy solutions.

In particular, the energy and chemical business group drew attention for placing verified experts at the forefront to enhance its ability to respond to external risks. Jung Seung-il, a power and energy expert who has served as Vice Minister of Trade, Industry and Energy and President of Korea Electric Power Corporation, was nominated as the new overall president of SK Innovation. Kang Dong-su, known within the group for his expertise in strategy and finance, was newly appointed as President of SK Innovation and concurrently President of SK Energy to lead profitability improvements. Kim Won-gi, President of SK Enmub CIC, will concurrently serve as President of SK Geo Centric to promote efficiency in high-value-added chemical businesses.

SK Discovery nominated Yoon Byung-seok, President of SK Gas, as its CEO, while Song Kyung-yeol, Head of the Strategy Division, was promoted and nominated as CEO of SK Gas to oversee financial structure improvements. As the group's control tower, the S.P.E.C.S. Council will continue to be chaired by Vice Chairman Choi Chang-won next year to maintain stability, while Kwon Young-soo, Head of the SK Innovation Business Group, has been promoted to president in charge of S.P.E.C.S. to strengthen synergies among affiliates.

To counter global market uncertainty, overseas business leadership has also been significantly strengthened. To enhance networks with local big tech companies in the United States, SK hynix established a new president-level organization called 'Americas General Management' and appointed Ahn Hyun as its head. Cha Seon-yong moved to the position of President of Development (concurrently serving as Director of the Future Technology Research Institute). Additionally, following existing regions for the Americas, China, and Japan, a new 'Southeast Asia Regional General Management' was established due to its high growth potential, with Choo Hyeong-wook appointed to accelerate the localization of R&D commercialization for key businesses such as AI and eco-friendly initiatives.

An SK Group official stated, "This appointment is aimed at creating a turning point for a new leap through proactive business restructuring and technological innovation," emphasizing, "We will swiftly conclude intensive portfolio rebalancing efforts to accelerate the group's qualitative growth and enhance corporate value."

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*This content was translated by AI.View Original