LX International said on the 26th that it appointed Gu Hyeok-seo as its new CEO at the regular shareholders meeting. Gu, who was named as the new CEO through the regular executive appointments in Nov. last year, was appointed to the board as an inside director at the shareholders meeting and then appointed CEO at the board meeting immediately afterward.
Gu joined LG International (the predecessor of LX International) in 1996 and has held key posts including head of the metals division, head of the support division, and head of the Indonesia region. While serving as head of the Indonesia region, Gu delivered meaningful results, including securing a future growth base by acquiring a new nickel mine.
At the shareholders meeting that day, LX International also newly appointed outside director Jeon Seok-won, a professor of energy resources engineering at Seoul National University, who will serve as a member of the audit committee, alongside appointing Gu as an inside director. LX International expects Jeon's expertise, as an outside director, to provide professional advice on the company's resource development business.
In addition, all six agenda items were approved as originally proposed, including ▲ approval of the 73rd-term financial statements and consolidation financial statements ▲ partial amendments to the articles of incorporation ▲ approval of the limit on directors' remuneration.