Hanwha Group Appoints New CEOs for Construction, Impact, and Semitech Affiliates

Wooseok Kim, Giwon Yang, and Jaehyun Kim Appointed as New CEOs
Enhancing Expertise and Global Capabilities... Boosting Mid- to Long-Term Competitiveness

On October 28, Hanwha Group announced that it has appointed three new CEOs for its affiliates: Hanwha Corporation Construction Division, Hanwha Impact Business Division, and Hanwha Semitech.

Wooseok Kim, currently Head of Finance at Hanwha Corporation Strategy Division, has been named President-designate of Hanwha Corporation Construction Division. Giwon Yang, former President of Hanwha Corporation Global Division, has been appointed President-designate of Hanwha Impact Business Division. Jaehyun Kim, currently Chief Technology Officer at Hanwha Foodtech, has been named President-designate of Hanwha Semitech.

From the right, Wooseok Kim, President-designate of Hanwha Corporation Construction Division, Jaehyun Kim, President-designate of Hanwha Semitech, and Giwon Yang, President-designate of Hanwha Impact. Provided by Hanwha Group

Hanwha Group explained, "We aimed to strengthen the company's mid- to long-term competitiveness by appointing executives whose expertise, experience, and global business capabilities have been proven."

With these appointments, each company plans to form a new organization under the leadership of the new CEO, establish next year's management strategy early, and execute their business plans. The appointees will be officially appointed after going through the respective shareholders' meetings and board approval processes.

Wooseok Kim, President-designate of Hanwha Corporation Construction Division, has worked within the group for over 30 years, building expertise in management and finance. Going forward, he plans to focus on expanding high-quality orders, enhancing financial soundness, and strengthening safety management in the construction division. Current President Seungmo Kim will move to Hanwha Aerospace as Head of Defense Strategy in the Strategy Division.

Giwon Yang, President-designate of Hanwha Impact, is a strategist who previously served as Head of Business Development at Hanwha Chemical, Head of Strategic Planning at Hanwha Solutions, and President of Hanwha Corporation Global Division. Leveraging his extensive experience in business development and global operations, he plans to strengthen the company's dominance in the domestic market and expand into export markets.

Jaehyun Kim, President-designate of Hanwha Semitech, is an expert in semiconductor equipment with over 30 years of experience at companies such as Samsung Electronics and Applied Materials. He has a broad background in both technology development and commercialization. The group evaluated Kim as the right person to lead the development of next-generation semiconductor equipment technologies, such as hybrid bonders.