South Korean steelmaker
POSCO names head of Posco Chemtech as candidate for next
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[June 23, 2018]
SEOUL (Reuters) - South
Korean steelmaker POSCO on Saturday selected Choi
Jeong-woo, the head of affiliate Posco ChemTech, as its
final candidate to lead the company.
The logo of POSCO is seen at the company's headquarters
in Seoul, South Korea, July 20, 2016. REUTERS/Kim
Choi still needed to win approval at an extraordinary
shareholders' meeting on July 27, the company said.
In April, the company said Kwon Oh-jun was stepping down from
the chief executive position.
POSCO was privatised in 2000, but chief executives have
previously been replaced when a new administration takes office,
local media reported.
(Reporting by Cynthia Kim; Editing by Stephen Coates)
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