KT Corp in turmoil as shareholders overturn CEO succession
Korea's biggest telco leaderless after mass resignation of board members and CEO nominees.
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Korea's biggest telco leaderless after mass resignation of board members and CEO nominees.
KT vowed Friday to normalize its management quickly by improving its governance structure as concerns are mounting over its future after failing to select a new company CEO, due largely to the government and ruling party officials' political interference.
Banks finding breakthroughs in digital battle against big tech firms
KT's team of executives slims down, gets younger Posted : 2020-12-11 15:22 By Kim Bo-eun Kang Kook-hyun, left, and Park Jong-ookTelecom giant KT has reduced the number of executives and filled positions with younger company members in its reshuffle and reorganization for 2021, unveiled Friday. This reflects the firm's intention to become a more flexible organization suitable for transition into a digital platform company. KT CEO Ku Hyeon-mo will manage the company with two new executive presidents. KT's head of customer business Kang Kook-hyun and head of management planning Park Jong-ook...