 |
Photo = Yonhap news |
[Alpha Biz=(Chicago) Reporter Kim Jisun] Hahn & Company, a private equity fund (PEF) manager who became the new owner of Namyang Dairy Products, will start managing the company in earnest.
Namyang Dairy Products held a regular shareholders' meeting at the 1964 Building in Gangnam-gu on the 29th and appointed a new director of Hahn & Company.
Yoon Yeo-eul, chairman of Hahn & Company, and Bae Min-kyu, vice president of Hahn & Company, became other non-executive directors of Namyang Dairy Products, respectively, and Lee Dong-chun, vice president of Han & Co., was appointed as in-house directors. Lee Myung-chul, chairman of the Pasteur Institute Korea, was appointed as an outside director.
Existing board members, including in-house director Hong Won-sik, resigned from their posts. As a result, the management dispute between Han & Co. and the owner family of Namyang Dairy Products has ended. Chairman Hong did not attend the shareholders' meeting that day.
The shareholders' meeting also approved a change in the articles of association to introduce an executive executive system. The executive system is a system independently consisting of a board of directors, which has decision-making and supervision functions, and executive executives who handle the work, and is known to have the advantage of strengthening the supervisory function of the board of directors and enhancing the responsible management of the executive branch.
Namyang Dairy announced on the same day that it appointed Kim Seung-eon as its CEO. Kim graduated from Keio University Business School in Japan with a degree in food engineering from Korea University. At Namyang Dairy Products, he served as the head of the production strategy division and senior headquarters, and has served as a management manager in the emergency management system since 2021. CEO Lee Kwang-beom resigned due to the expiration of his term.
AlphaBIZ Kim Jisun(stockmk2020@alphabiz.co.kr)
