HanWool & Jeju Names Kim Baek-san Sole CEO

What happened

HanWool & Jeju said Oct. 28 that it is transitioning from a co-CEO management structure to a sole-CEO system. Following the resignation of co-CEO Kim Myung-ho on Oct. 27, Kim Baek-san became the company's sole CEO; Kim Baek-san also serves as chairman of HanWool Materials Science and CEO of HanWool Semiconductor. The company said the restructuring will unify decision-making on major management issues and strengthen operational efficiency and accountability, and that it plans to actively leverage the business capabilities of HanWool Group affiliates to establish a stable operating foundation for its existing businesses and identify new growth drivers. It also plans to strengthen its financial position, carry out ongoing projects without disruption while building a foundation for medium- to long-term growth, and enhance communication with shareholders and the market. The source does not state the cause of Kim Myung-ho's resignation.

Impact and signal

Affected components and suppliers

Source and time

Source: The Elec · 10/28/2026 · View original source