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Corporate Governance

Functions of a Board of Directors
1. Creating key management policies and monitoring management performance
- Discussion on devising management strategies and yearly business plans - Deliberation on important investment plans in and out of the company and company restructuring plans - Quarterly monitoring of management performance


2. Appointment, evaluation, training of, and rewards for the management
- Recommendation of Inside Director candidates - Designation of a CEO among Inside Directors s and assignment of Inside Directors positions - Planning of evaluation and compensation, appropriation of wages and severance pay of the Inside Directors and independent Non-executive Directors


주주총회, 이사회(경영기획실, 사외이사후보추천위원회-2022년설치예정, 감사위원회-2022년 설치예정), CEO
Independent
Directors
  • 허경욱님 얼굴사진
    Hur Kyung-wook
    External Director Nomination Committee Member
    Audit Committee Member
    ESG Committee Chairperson
    Compensation Committee Member
    Appointment Date
    Mar 24, 2025
    Term
    Mar 2025-Mar 2027
    Education
    Seoul National University (Bachelor of business administration)
    Experience
    Current independent director of Doosan
    Former Consultant of the AMRO Committee
    Former Ambassador of the Republic of Korea, OECD
    Former Vice Strategy and Finance Minister
  • 권오철님 얼굴사진
    Kwon Oh-cheol
    External Director Nomination Committee Chairperson
    ESG Committee Member


    Appointment Date
    Mar 25, 2024
    Term
    Mar 2024-Mar 2026
    Education
    Seoul National University (Bachelor of Trade and Commerce)
    Experience
    Non-executive Director, WONIK IPS
    Former Director, Cypress Semiconductor (U.S.)
    Former CEO, SK hynix
  • 이복실님 얼굴사진
    Lee Bok-sil
    External Director Nomination Committee Member
    Audit Committee Member
    ESG Committee Member
    Compensation Committee Chiarperson
    Appointment Date
    Mar 25, 2024
    Term
    Mar 2024-Mar 2026
    Education
    Bachelor of Urban Administration, University of Seoul
    Master's/Ph.D. in Education, University of Southern California (USC)
    Experience
    Current Vice President of the Management Institute for the State (MIS)
    Current External Director and ESG Committee Chair at Lotte Card
    Former President of the Korean Chapter of the Global Women Corporate Directors
    Former Vice Minister of Gender Equality and Family
  • Yoon Tae-hwa
    External Director Nomination Committee Member
    Audit Committee Chairperson
    ESG Committee Member
    Compensation Committee Member
    Appointment Date
    Mar 25, 2024
    Term
    Mar 2024-Mar 2026
    Education
    Bachelor's/Master's/Ph.D. in Business Administration, Yonsei University
    Experience
    Current Professor/Dean of the Graduate School of Business, Gachon University
    Former independent director at SK Hynix
    Former 25th President of the Korea Accounting Information Association
    Former 24th President of the Korean Academic Society of Taxation
Inside Directors
  • 엄기천님 얼굴사진
    Eom Gi-chen
    Chairman of BOD
    Appointment Date
    Mar 24, 2025
    Term
    Mar 2025-Mar 2026
    Education
    Sungkyunkwan University (Bachelor of Science in Mechanical Design)
    Experience
    Current POSCO FUTURE M CEO
    Former Head of Energy Materials Business Department, POSCO FUTURE M
    Former Head of Marketing Strategy Office, POSCO
    Former Head of Steel Planning Office, POSCO
  • 정대형님 얼굴사진
    Jeong Dae-hyung
    External Director Nomination Committee Member
    Appointment Date
    Mar 24, 2025
    Term
    Mar 2025-Mar 2026
    Education
    Yonsei University (Bachelor of Business Administration)
    Experience
    Current Head of Planning and Support Headquarters, POSCO FUTURE M
    Former Head of Management Strategy Team, POSCO Holdings
    Former Strategy Officer of Management Strategy Team, POSCO Holdings
    Former Head of Management Strategy Office, POSCO
Other non-executive
Director
  • Chun Sung-lae
    Appointment Date
    Mar 24, 2025
    Term
    Mar 2025-Mar 2026
    Education
    Kyungpook National University (Bachelor of Commerce and trade)
    Experience
    Current Head of Business Synergy Department, POSCO Holdings
    Former Head of Carbon Neutrality Team, POSCO Holdings
    Former Head of Steel Team, POSCO Holdings
    Former Head of hot rolled Wire Marketing Office, POSCO
Board Resolution
Board Resolution
Resolution no. Date Agenda Approval status Attendance by Outside directors
Corporate Governance Report
Corporate Governance Report
No. Year Title Download File
4 2024 2024 POSCO FUTUREM Corporate Governance Report PDF
3 2023 2023 POSCO FUTUREM Corporate Governance Report PDF
2 2022 2022 POSCO FUTUREM Corporate Governance Report PDF
1 2021 2021 POSCO CHEMICAL Corporate Governance Report PDF
About the GMS
  • · Date Monday, Mar 15, 2021 at 11:00 am
  • · Location Auditorium, POSCO Chemical headquarters 110, Sinhang-ro, Nam-gu, Pohang-si, Gyeongsangbuk-do
  • · Voting by proxy
    We recommend our shareholders exercise their voting rights by proxy according to Article 152 of the Capital Markets and Financial Investment Business Act and Article 160 of the Enforcement Decree of the same Act. If shareholders wish to, they may exercise it by writing a power of attorney and mailing it to the company.
    *Send a power of attorney to: GMS manager, POSCO Chemical IR Group 5F, POSCO Center, 440 Teheran-ro, Gangnam-gu, Seoul, Republic of Korea 06194
    Jump to the e-Vote Page 링크
General Meeting of Shareholders
We guarantee the right to shareholder proposals to collect opinions of minority shareholders.
Shareholder proposal rights allow shareholder to recommend the company and/or its BOD to take action in the GMS.
Upon a legitimate request by a shareholder making the recommendation, the GMS offers him/her an opportunity to explain the agenda.

[ How to exercise shareholder proposal rights ] (Article 363-2 of the Commercial Act, Article 191-14 of the Securities Exchange Act)
Submission deadline: Up to six weeks before the date of the year corresponding to the date of the regular GMS in the preceding year.
Format: Document or e-Document
Qualification : Shareholders with voting rights who own 3% or more of the total number of issued stocks, or shareholders who has had voting rights for six months and has at least 0.5% of the total number of issued stocks.
Submission documents: A share certificate issued by Korea Securities Depository, transaction statement, etc. (proof of ownership period)

[ Procedure for exercising shareholder proposal rights ]
1) Receipt of shareholder recommendation (IR Group): The IR Group checks whether the shareholder making the recommendation meets the legally required shareholding ratio and adheres to the legal proposal period for shareholder recommendations.
2) Review on the recommendation (Legal Office): The Legal Office checks whether the proposal violates laws or the articles of incorporation and whether the recommendation falls in the category for rejection under the Commercial Act (Article 12 of the Enforcement Decree of the Commercial Act).
3) The proposal is submitted to the BOD.
4) The proposal is submitted to the GMS.
View Relevant Documents
IR contact
  • Tel. +82-02-3457-4551
  • Blog
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  • 110, Sinhang-ro, Nam-gu, Pohang-si (1-143, Cheongnim-dong, Nam-gu, Pohang-si)
  • TEL +82-054-290-0114
  • FAX +82-054-292-3417
  • President : Eom Gi-chen
  • Business Registration No. : 506-81-01452
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