C.J. Kim Hong-ki, the representative director of CJ, stated on the 26th that the goal for this year is to strengthen domestic operations while securing growth momentum through global territorial expansion.

CEO Hong-ki Kim speaks at the 72nd regular shareholders' meeting held at the CJ Human Resources Center in Jung-gu, Seoul, on 26th./Courtesy of CJ

On this day, Kim noted at the 72nd regular shareholders’ meeting held at the CJ Talent Center in Jung-gu, Seoul, that “this year, we will focus all our efforts on deeply securing our group's super gap competitiveness.” He added, “I will do my best to make this year a time to regain the group's growth by accelerating challenges toward the global market while maximizing potential opportunities in each business and connecting them to growth.”

Kim said, “Over the past 70 years, CJ has become a representative corporation that has not remained stagnant in the materials food industry and has relentlessly continued to challenge based on the 'Only One spirit,' spreading K-culture worldwide.” He expressed confidence that “even in crisis situations, when we have a clear vision and a challenging attitude, we will achieve the group's growth and development and evolve into a global No. 1 lifestyle culture corporation.”

He also noted, “This year’s management environment is expected to further shrink domestic consumption and the economy due to domestic and external uncertainties,” adding that “with the United States leading the way, dramatic changes in the global situation are expected, while population aging, economic polarization, climate change, and AI innovation are accelerating, leading to unprecedented complex structural changes and chaos.”

CJ approved a total of six agenda items at the regular shareholders’ meeting on this day, including a proposal to bring a former high-ranking official on board as a non-executive director. Lee Ju-yeol, the former governor of the Bank of Korea, was appointed as the new non-executive director. Lee is expected to provide various perspectives to the board by analyzing economic indicators and external conditions in the rapidly changing financial market environment.

Moon Hee-cheol, the former Vice Commissioner of the National Tax Service, also joined as a new non-executive director. With his extensive experience and expertise in tax administration and tax policies, he is expected to provide objective opinions to the board.

In addition, all six agenda items were passed, including ▲approval of the 72nd financial statements ▲amendments to the articles of incorporation ▲appointment of directors (1 inside director, 2 outside directors) ▲appointment of audit committee members (2 members) ▲appointment of outside director Han Ae-ra as an audit committee member (1 member) ▲approval of the directors’ remuneration limit.