Kolmar BNH appointed Kolmar Holdings Vice Chairman Yun Sang-hyeon and inside director Lee Seung-hwa as CEOs and shifted to a three-person, individual-representative system with CEO Yun Yeo-won.
On the 14th, Kolmar BNH held a board meeting and approved an agenda to appoint Vice Chairman Yun, the elder brother of CEO Yun, and inside director Lee Seung-hwa as CEOs.
CEO Lee was appointed an inside director of Kolmar BNH along with Kolmar Holdings Vice Chairman Yun Sang-hyeon at an extraordinary shareholders meeting on the 26th.
Newly appointed CEO Lee Seung-hwa, who handled new businesses across major affiliates within CJ Group, will lead overall business and management at Kolmar BNH.
After working as a consultant at Bain & Company for seven years, Lee joined CJ Group in 2014 and served as an executive director at CJ Freshway, a vice president at CJ Corp., and a vice president at CJ CheilJedang.
Newly appointed CEO Yun Sang-hyeon, as vice chairman of Kolmar Group, will take on the role of establishing Kolmar BNH's mid- to long-term vision and providing strategic advice.
Vice Chairman Yun will serve as CEO without pay and will remain in the post through the regular board meeting in Mar. 2026.
During this period, the company plans to support the stable settlement of the system led by new CEO Lee and CEO Yun Yeo-won, strengthen group-level strategic direction and synergy, and establish a foundation for Kolmar BNH's sustainable growth.
CEO Yun Yeo-won will be in charge of external social contribution activities. Yun said she will focus on creating social value centered on corporations' social responsibility and sustainable management.
However, as a result of the board meeting, it was decided that she would not take part in overall company management, including future managerial decision-making.
With this, Kolmar BNH is shifting from the sole-CEO system under Yun Yeo-won that had continued since Jan. last year to a three-person individual-CEO system.
In Jan. 2020, Kolmar BNH appointed Yun as a new CEO and built a co-CEO system with CEO Jeong Hwa-young at the time.
After CEO Kim Byeong-muk joined, the company maintained a co-CEO system of Yun Yeo-won and Kim Byeong-muk; after Kim resigned in Jan. last year, Yun has solely led Kolmar BNH's management.
New CEO Lee Seung-hwa said, "We will work closely with the holding company to establish a transparent and efficient management system befitting a listed company, and achieve a new leap and enhanced shareholder value through corporate growth." He added, "We will expand our business into areas not covered by health functional foods and pharmaceuticals, evolve into a business model centered on new materials, new technologies, and new formulations based on life sciences, and solidify our competitive edge in the global market."