LG Chem sends independent director on first overseas governance roadshow

LG Chem will send Independent Director Lee Young-han to its first overseas governance non-deal roadshow in Hong Kong and Singapore on the 13th, marking the first time one of the company's independent directors has directly joined an NDR. The meetings are aimed at global institutional investors, with most participants serving as stewardship officers, and will focus on governance topics including board operations, changes under the revised Commercial Act and the activities of the Compensation Committee rather than business strategy or earnings. Lee was appointed in March 2024 as a separately elected audit committee member and now chairs LG Chem's Audit Committee. He is a professor in the tax department and dean of the College of Liberal Arts and Convergence Studies at the University of Seoul, and the company describes him as an expert in accounting, tax and finance with policy and advisory experience at the National Tax Service, the Financial Services Commission and the Korea Exchange. He is expected to brief investors on the results of the recent shareholders' meeting, the current status of governance improvements and future plans, while collecting shareholder views for board deliberations. The roadshow comes as LG Chem continues a broader governance push. The company appointed Independent Director Cho Hwa-soon as board chair in February, separating the roles of chief executive and chair to strengthen board independence and management transparency, and it reports domestic and overseas investor and shareholder views separately to its independent board every quarter. The move also fits a wider trend among South Korean companies toward more direct board-level engagement with global investors.

The information on this website is generated using AI and we cannot guarantee its accuracy. Please use it as reference information only.