WOOJUNG BIO announced on the 22nd that Cheon Hui-jeong has been appointed as the new CEO.
CEO Cheon, the eldest daughter of the late founder Cheon Byeong-nyeon, who passed away on the 16th, joined the company in 2019 and has held positions such as head of the public relations team, head of strategic planning, and head of future strategy planning. He has led the company's growth, expansion of the network, planning of new businesses, and development of medium- to long-term growth strategies.
CEO Cheon said, "I will deeply engrave the management philosophy of 'innovation and action' emphasized by the late chairman," adding, "I will do my best to ensure that WOOJUNG BIO can play a greater role at the center of the new drug development ecosystem."