Choi Byeong-min, chairman of KLEANNARA. /Courtesy of KLEANNARA
Choi Byeong-min, chairman of KLEANNARA. /Courtesy of KLEANNARA

Choi Byeong-min returns to the board of KLEANNARA after five years.

According to KLEANNARA on the 18th, Chairman Choi is expected to be appointed as an inside director at the regular shareholders' meeting on the 28th.

Chairman Choi is the second son of the late Choi Hwa-sik, the founder of KLEANNARA, and has been leading KLEANNARA since 1980. Afterward, in 2019, he passed the representative position to his eldest daughter, Choi Hyun-soo, and stepped back from active management. In 2020, he also resigned from his registered executive position.

Chairman Choi is expected to play a management advisory role. A KLEANNARA official noted, "We believe Chairman Choi Byeong-min's experience will be beneficial for company management, and he is scheduled to be active as a board member."

Choi Hyun-soo, representative of KLEANNARA. /Courtesy of KLEANNARA
Choi Hyun-soo, representative of KLEANNARA. /Courtesy of KLEANNARA

With Chairman Choi's return to the board, a shift in KLEANNARA's management structure is also anticipated. Currently, Choi Hyun-soo is leading the company, but the role of Choi Jeong-gyu, the head of the Home & Life Global Sales Team and Chairman Choi's son, may also expand.

Team Leader Choi was appointed as an inside director at last year's shareholders' meeting and is expected to be re-appointed as an inside director at this year's meeting.

Currently, Team Leader Choi Jeong-gyu is the largest shareholder of KLEANNARA, holding 16.12% of the equity, which is more than Choi Hyun-soo's 7.7%. In this regard, a KLEANNARA official said, "There is currently no change in the management structure."