KT has appointed Park Jong- Ook, Head of Corporate Planning Group, to serve as interim CEO.
This follows the resignation of Ku Hyeon-Mo as the CEO of KT due to personal reasons, as well as the resignation of two outside directors, Kim Dae-You and Yu Hee-Yol, who expressed heavy responsibility for recent events.
Earlier in March, the company’s board of directors considered 5 other candidates for the top role, but these plans fell apart.
KT has established an Emergency Management Committee composed of the interim CEO and key executives to make collective decisions on management and business concerns, and plans to operate a “Sustainable Growth TF” and “New Governance Establishment TF” under the committee.
