Chang In-wha takes helm at Posco

2024. 3. 21. 16:31
자동요약 기사 제목과 주요 문장을 기반으로 자동요약한 결과입니다.
전체 맥락을 이해하기 위해서는 본문 보기를 권장합니다.

"The global steel market will continue to struggle for a while as the global economy remains in the doldrums. The dip in the battery materials market too may extend further," Chang said. "But I believe that there is an opportunity in every crisis. An opportunity will come if we continue to make efforts in cost-saving and increasing its competitiveness."

"Posco has been nurturing its battery materials business for a decade, and it has been the most successful among the new businesses that Posco has tried. I think we must score a success with the battery materials business," Chang said. "Posco will make timely investments in the battery materials area in the future."

글자크기 설정 파란원을 좌우로 움직이시면 글자크기가 변경 됩니다.

이 글자크기로 변경됩니다.

(예시) 가장 빠른 뉴스가 있고 다양한 정보, 쌍방향 소통이 숨쉬는 다음뉴스를 만나보세요. 다음뉴스는 국내외 주요이슈와 실시간 속보, 문화생활 및 다양한 분야의 뉴스를 입체적으로 전달하고 있습니다.

Posco veteran pledges to secure leadership in both steelmaking, battery materials
Posco Group's new chairman, Chang In-hwa, speaks during a press conference at Posco Center in Gangnam, Seoul, on Thursday. (Yonhap)

Chang In-hwa, a company veteran, officially took office as chairman of South Korean steel giant Posco Group, the nation’s fifth-largest conglomerate, on Thursday after winning unanimous approval from shareholders.

It marked the group’s first change in leadership in almost six years, following the conclusion of the second term of Choi Jeong-woo.

No objection was made against the appointment during the general meeting of shareholders held in Seoul earlier in the day.

Right after the general meeting, Chang headed to the group’s headquarters in Pohang, North Gyeongsang Province, to attend his inauguration ceremony in the afternoon.

“I first plan to spend the next 100 days visiting the company’s worksites, including Pohang and Gwangyang, to meet and communicate with our employees,” Chang said during a press conference held after the shareholders meeting.

Chang hinted that he might seek some changes to the corporate structure, saying he plans to streamline operations to speed up the decision-making process.

“The global steel market will continue to struggle for a while as the global economy remains in the doldrums. The dip in the battery materials market too may extend further,” Chang said. “But I believe that there is an opportunity in every crisis. An opportunity will come if we continue to make efforts in cost-saving and increasing its competitiveness.”

When asked what businesses Posco will mainly focus on under his leadership, Chang answered that Posco will continue to concentrate on mainly steel and battery materials.

“Posco has been nurturing its battery materials business for a decade, and it has been the most successful among the new businesses that Posco has tried. I think we must score a success with the battery materials business,” Chang said. “Posco will make timely investments in the battery materials area in the future.”

Chang added that the group will continue to take initiatives in green transformation and hydrogen business.

Born in 1955, Chang studied shipbuilding engineering at Seoul National University and received a doctorate from the Massachusetts Institute of Technology.

In 1988, Chang joined Posco Group as a researcher at the Research Institute of Industrial Science & Technology under the company-sponsored advanced research college, Pohang University of Science and Technology.

Chang held several key positions at the group, including director of the RIST Steel Structure Research Institute, head of Posco’s new business department and steel marketing solutions department, chief technology investment officer, director of the Technical Research Laboratories and head of the steel production division.

In 2018, Chang became head of Posco’s steel division. He became an adviser in 2021.

Chang’s first term is set to end in 2027.

By Shim Woo-hyun(ws@heraldcorp.com)

Copyright © 코리아헤럴드. 무단전재 및 재배포 금지.

이 기사에 대해 어떻게 생각하시나요?