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Will Posco's new leadership pursue stability or innovation?

As former Posco President Chang In-hwa is poised to take on the Korean steel giant's chairmanship, how his leadership might impact on the group's innovation drive for eco-friendly, future material business remains in question. Posco Holdings convened its regular board meeting on Wednesday, resolving to include the nominations of Posco Group's chair candidate and the executives of its major affiliates. ...

United-states , Seoul , Soult-ukpyolsi , South-korea , Chang-young-shin , Aekyung-group , National-pension-service , World-economic-forum-at-davos , Steel-structure-research-institute , Posco-group , Posco-holdings

Will Posco's new leadership pursue stability over change?

As former Posco President Chang In-hwa is poised to take on the Korean steel giant's chairmanship, how his leadership might impact on the group's innovation drive for eco-friendly, future material business remains in question. Posco Holdings convened its regular board meeting on Wednesday to announce the executives of major affiliates and to resolve the nomination of Posco Group's chair candidate. Chan...

United-states , Seoul , Soult-ukpyolsi , South-korea , Chang-young-shin , Steel-structure-research-institute , Posco-holding , Posco-group , Posco , Massachusetts-institute-of-technology , Aekyung-group

POSCO Group to replace heads of major affiliates

POSCO Group announced its decision on Wednesday to replace the CEOs of major affiliates as the nation’s fifth-largest business group prepares to appoint a new chairman following the upcoming regular general meeting of its holding firm’s shareholders on March 21.

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Posco unveils vision for W100tr sales by 2030

Posco Group on Thursday unveiled a new vision titled "Better World with Green Steel" to aggressively ramp up its global steel competitiveness, while upholding environmental, social and corporate governance values. During a ceremony held to announce Posco's vision at the group's headquarters, attended by some 250 executives and employees, Posco said it aims to post total sales of 100 trillion won (...

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POSCO's venture with Adani seen as risk to credit rating

S&P Global Ratings warned Wednesday that POSCO may face risks in its credit rating, if the steelmaker continues to push ahead with business cooperation with India's Adani Group. The Indian conglomerate was hit hard recently by U.S. short-seller Hindenburg Research's claim that it has been involved in widespread corporate malfeasance, including market manipulation and accounting fraud.

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Vice chairman-level CEO to lead POSCO International

POSCO President Jeong Tak was promoted to vice chairman and was appointed as the new CEO of POSCO International, a move that will see it merge with POSCO Energy on Jan. 2, according to POSCO Group, Tuesday. His appointment comes as the group carries out a year-end reshuffle of its president-level executives.

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