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KT&G : President Bang Kyung-man Champions Communication Management with 'Casual Meeting' with Staff

On the 17th, approximately three weeks after his inauguration, KT&G President Bang Kyung-man engaged in a 'Casual Meeting' with employees, signaling a move towards robust communication...

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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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Top shareholder opposes KT&G's CEO nominee

The biggest shareholder of KT&G has said it opposed a nomination for chief executive of Korea's dominant cigarette maker, citing falling profitability and dubious business practices during the nominee's tenure as a board member.

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KT&G faces vote showdown over appointment of new CEO

KT&G, once a government-owned company, has no specific owner and many small shareholders, which is similar to the stock ownership structure of steel company POSCO and telecommunications company KT.

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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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