Global optical communications corporations Lightron Fiber-Optic Devices (Chief Executive Kim Min-ho) adjusted the total number of directors to "at least 3 and no more than 11," and greatly expanded outside directors to introduce a "six-member system."
Lightron Fiber-Optic Devices said on the 14th it has brought in authorities in the fields of law, finance, and management as new board candidates to strengthen the board's independence and expertise and to improve management transparency. The move aims to enhance the effectiveness of the compliance officer system and build an internal control framework that meets global standards. Lightron Fiber-Optic Devices also plans to further bolster the board's technological expertise by recruiting researchers from global corporations.
Among the new outside director nominees is former Hana Financial Group Chairman Kim Jung-tae. Kim, described by the company as a driving force behind Hana Financial Group's growth, is known for "nudge management" and communicative leadership. The company said his extensive global financial network and strategic insight will contribute to establishing Lightron Fiber-Optic Devices' mid- to long-term growth strategy, attracting investment, and strengthening financial stability.
From the legal community, attorney Lee Kwang-beom has joined. A 13th class graduate of the Judicial Research and Training Institute who served as a judge at the Seoul High Court, Lee is currently chair of law firm LKB & Partners and head of the NongHyup reform committee. He is regarded as an expert in legal risk management and compliance management. Lightron Fiber-Optic Devices expects that bringing Lee on board will strengthen its internal control system and further enhance management transparency.
From industry management, former SecureNet Chairman Chae Kyu-chul, from the security specialist company, will be brought in. Chae is a business leader who has built experience across traditional manufacturing and the broader IT industry. Lightron Fiber-Optic Devices expects that, based on his on-site experience and know-how in expanding IT businesses, he will play a practical advisory role in driving next-generation new businesses and strengthening competitiveness in advanced optical communications.
Along with this, Lightron Fiber-Optic Devices will newly appoint Executive Vice President for Management Jeong Dae-gyu, who joined in Oct. last year and has led the company's transition, as an inside director. The company said Jeong is regarded as a hands-on strategist in ESG strategy development, building a sustainable management framework, and stakeholder communications.
A Lightron Fiber-Optic Devices official said, "With experts from finance, law, and industry participating on the board, our strategic decision-making capabilities will be further strengthened," adding, "Through independent and professional board-centered management, we will regain investor trust and make this an important turning point for a rerating that properly recognizes our undervalued corporate value."
If the director appointment plan is finalized at the extraordinary shareholders meeting on June 1, Lightron Fiber-Optic Devices said it will accelerate efforts to push ahead with core businesses, including the optical module market for AI data centers and K-defense.