Corporate Governance
- Board of Directors
- The Articles of Incorporation
- Stockholder's Information
- Audit Committee
- Affiliates
Composition of the Board of Directors (Registered Directors)
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| Type | Position (Executive/Non-executive) |
Name | Date of Appointment | Term(Year) | Duty | Liability Insurance Coverage |
|---|---|---|---|---|---|---|
| Directors | Chairman(Executive) | KA SAM HYUN | Mar. 22, 2022 | 2 | CEO & Chairman of the Board of Directors | Covered |
| President(Executive) | CHUNG KISUN | Mar. 22, 2022 | 3 | CEO & Inside Director | Covered | |
| Outside Directors | Director(Non-executive) | LIM SUK SIG | Mar. 22, 2022 | 2 | Outside Director & Member of Audit Committee | Covered |
| Director(Non-executive) | KIM HONG KEE | Mar. 28, 2023 | 3 | Outside Director & Member of Audit Committee | Covered | |
| Director(Non-executive) | JO YOUNG HEE | Mar. 22, 2022 | 3 | Outside Director & Member of Audit Committee | Covered |
Board Skills Matrix
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| Type | CHUNG KI SUN | KIM SUNG JOON | KIM HONG KEE | JO YOUNG HEE | KIM SUNG HAN |
|---|---|---|---|---|---|
| Leadership | ●YES | ●YES | ●YES | ●YES | ●YES |
| CEO | ●YES | ●YES | |||
| Risk Management | ●YES | ●YES | ●YES | ●YES | ●YES |
| Financial Acumen / Accounting | ●YES | ||||
| Public Policy | ●YES | ●YES | ●YES | ||
| Sales & Marketing | ●YES | ●YES | |||
| Legal/Regulatory Expertise | ●YES | ||||
| R&D | ●YES | ||||
| International Affairs | ●YES | ||||
| Gender Identity | Male | Male | Male | Female | Male |
Committees in the Board of Directors
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| Committees | Composition | General Description and Authority | Remarks |
|---|---|---|---|
| Independent Director Recommendation Committee | Inside Director : 1 Independent Director : 3 |
The Independent Director Recommendation Committee is tasked with recommending Independent Director candidates in accordance with relevant laws and regulations, the Articles of Incorporation, and the Regulations of the Board of Directors. | - |
| Audit Committee | Inside Director : 0 Independent Director : 3 |
The Audit Committee supervises and supports management to maximize corporate value using a system of checks and balances. | - |
| Related Party Transactions Committee | Inside Director : 1 Independent Director : 3 |
The Related Party Transactions Committee is responsible for reviewing related party transactions. | - |
| ESG Committee | Inside Director : 1 Independent Director : 3 |
The ESG Committee deliberates on matters related to ESG strategic directions, plans and implementations. | - |
Board Performance Review
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| Type | detail | Note |
|---|---|---|
| 2023 | HD Korea Shipbuilding & Offshore Engineering has introduced a board performance review system to assess the adequacy of the board's composition and to efficiently operate the board. The evaluation consists of a total of 25 items across five categories, including the roles and responsibilities, structure, operations, committees within the board, and reflection of evaluation results. All directors undergo self-evaluation once a year. According to the board performance review results for 2023, there are no issues with the composition and operation of the board, and the board faithfully fulfills its roles and responsibilities |
