Park Yoon-young, Former KT President, Confirmed as Final Candidate for Next KT CEO (Update)

Park Yoon-young, former President of KT's Enterprise Division, has been confirmed as the next CEO candidate for KT.

On December 16, the KT CEO Candidate Recommendation Committee conducted in-depth interviews with three candidates: former President Park, Joo Hyung-chul, former CEO of SK Communications, and Hong Won-pyo, former CEO of SK Shieldus. The committee selected former President Park as the final candidate, and the board of directors immediately approved the decision.

If former President Park receives more than 60% approval from voting shares at the regular general shareholders' meeting scheduled for March next year, he will officially assume the position.