KAI Nominates Former DAPA Director Kim Jongchul as New CEO

Director Candidate Recommendation Committee Nominates Internal Director Candidate
Final Appointment to Be Confirmed at Shareholders’ Meeting on March 18

The Director Candidate Recommendation Committee of Korea Aerospace Industries (KAI) announced on February 27 that it has nominated Kim Jongchul, former Director of the Defense Technology Protection Bureau at the Defense Acquisition Program Administration, as the candidate for internal director to be appointed as the new CEO.

KAI building. Provided by KAI

On the same day, KAI held an extraordinary board meeting and resolved to add the "Appointment of Director" to the agenda for the general shareholders’ meeting. This agenda item will be presented at the extraordinary general shareholders’ meeting scheduled for March 18 and, following approval by the board of directors, the final appointment as CEO will be confirmed.

Kim, the nominee, was a founding member of the Defense Acquisition Program Administration and has led K-Defense export operations as Head of the Defense Industry Export Support Team and Director of Offset Trade. He is recognized as an export expert with a deep understanding of the defense industry market structure and export strategies.

In addition, he has held key positions such as Creative Innovation Officer, Deputy Director of Strategic Planning, and Planning and Coordination Officer, accumulating extensive experience in policy and strategy across the defense and aerospace industries. In particular, during his tenure as Head of the Unmanned Systems Division and Director of the Defense Technology Protection Bureau, he developed expertise in future business and advanced technology sectors, making him a suitable candidate to contribute to strengthening KAI’s global competitiveness.

The Director Candidate Recommendation Committee stated, "Kim is an individual who possesses both expertise across the defense industry and insight into future business," adding, "With his extensive export network and strategic planning capabilities, we expect him to play a key role in enabling KAI to become a world-class aerospace company."

This content was produced with the assistance of AI translation services.