Yuhan Corporation established a new chairmanship system for the first time in 30 years.

COMPANY / Reporter Kim Jisun / 2024-02-23 03:32:27
유한양행 사옥. (사진=유한양행)

 

[Alpha Biz=(Chicago) Reporter Kim Jisun] Yuhan Corporation will push for a change in the articles of association to establish a new position for the chairman and vice chairman at its regular shareholders' meeting scheduled for the 15th of next month. It is the first time in 30 years that Yuhan Corporation has created a position of chairman and vice chairman.

Yuhan Corp. said on the 22nd that the establishment of a new position for chairman and vice chairman is a "measure to streamline its position to become one of the top 50 global pharmaceutical companies."

If a chairman is appointed to Yuhan Corporation, it will be the first time in 30 years since Yeon resigned from his post in 1993.

Therefore, some companies argue that individuals are trying to privatize Yuhan Corporation. Lee Jung-hee, chairman of the board of directors, is mentioned as the person to take the chairmanship. Chairman Lee remained on the board of directors unusually after serving as CEO for six years from 2015 to 2021.

In response, Yuhan Corp. stressed that "the possibility of appointing a specific person as chairman is absolutely not, as I said." Yuhan Corporation countered that a certain person could not control the company.

Alphabiz Reporter Kim Jisun(stockmk2020@alphabiz.co.kr)

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