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Board of Directors
Purpose of BoD Installation
The board of directors, members elected at the general meeting of shareholders, is a necessary permanent organization to supervise and approve corporate decision makings.
BoD Composition
BoD consists of a total of 7 members, including 3 standing directors and 4 non-standing directors. Candidates recommended from the in-house board of directors and independent director recommendation committee are elected according to the resolution at the general meeting of shareholders.
| Classification | Title | Name | Position | Work Experience | Appointment Date | Term | Liability insurance |
|---|---|---|---|---|---|---|---|
| Standing | Executive Director | Jae-Wook Jung | In charge of the whole management | Current) CEO of Hyundai WIA Director of at Purchasing at Hyundai Motors |
2021.03 | 3 years | Registered |
| Executive Director | Bong-Woo Lee | All business affairs (Production/Operation Representative) | Current) Production/Operation Representative at Hyundai WIA Director of Automobile parts business at Hyundai WIA |
2021.03 | 3 years | Registered | |
| Executive Director | Sha-won Kim | All business affairs (Finance Representative) | Current) Director of Finances at Hyundai WIA Director of Administration Managing Group at Hyundai WIA |
2022.03 | 3 years | Registered | |
| Independent Director (Non-Standing) | Director | Eun-Ho Kim | Overall management of the enterprise (Financial Accounting Professional) |
Current) Senior Advisor of Kim & Chang law firm Busan Regional Tax Office |
2022.03 | 3 years | Registered |
| Director | Ik-Hyun Nam | Overall management of the enterprise (Business Management / Production Management Professional) |
Current) Professor at Seoul National University Department of Business Administration Dean of Seoul National University Graduate School of Business Administration Concurrent) Independent Director of Doosan Heavy Industries & Construction Co. Ltd. (~’23.3) |
2020.03 | 3 years | Registered | |
| Director | Sung-Kuk Jo | Overall management of the enterprise (Legal Professional) |
Current) Professor at Joongang University Department of Law Associate Dean of Joongang University Law Research Institute Chief of Contract Policy at Korea Fair Trade Commission |
2020.03 | 3 years | Registered | |
| Director | Sung-Hoon Ahn | Overall management of the enterprise (Mechanical Engineering Professional) |
Current) Professor at Seoul National University Department of Mechanical Engineering Associate Dean of Seoul National University Graduate School of Engineering Practice |
2022.03 | 3 years | Registered | |
| Director | Kyu-Jin Lee | Overall management of the enterprise (Mechanical Engineering Professional) |
Current) Professor at Myongji University Department of Mechanical Engineering Researcher of National Renewable Energy Laboratory |
2022.03 | 3 years | Registered |
BoD Activities
- 2021
-
2021년 Category Date of Meeting Agenda Result Regular 2021.01.29 Resolution - 1) Approval of the 45th Financial Statement and Business Report
- 2) Approval for 2021 Business and Investment Plan
- 3) Approval of Selecting Autonomous Fair Trade Supervisor
Approved Report - 1) Status of Internal Accounting Management Policy Operation
- 2) ESG evaluation grade in the 4Q and plans for 2021
- 3) Compliance activity's results in the 4Q and plans for 2021
- Temporary 2021.02.19 Resolution - 1) Approval to Convene the 45th Regular Shareholders Meeting and Its Agenda
Approved Report - 1) Evaluation of the Internal Accounting Management Policy Operation
- 2) The current condition of safety & environment
- Temporary 2021.03.24 Resolution - 1) Appointment of CEO
- 2) Appointment of members of the Independent Director Recommendation Committee
- 3) Approval of internal director competition transaction
- 4) Approval of safety and health plan
Approved Regular 2021.04.23 Report - 1) Business Results of 2021 1Q
- 2) Safety and health activity’s results in the 1Q
Approved Temporary 2021.06.07 Resolution - 1) Approval of Equity Investment in New K CNC Corporation
Approved Regular 2021.07.23 Report - 1) Business Results of 2021 2Q
- 2) Status of 2021 ESG Management
- 3) Safety and health activity’s results in the 2Q
- 4) Results for Compliance Assistant Operation in the first half of 2021
- Temporary 2021.09.06 Resolution - 1) Approval of Establishment and Equity Investment in HYUNDAI WIA Alabama
- 2) Approval of Singapore Branch Office Establishment
Approved Regular 2021.10.29 Resolution - 1) Approval of the limit on issuance of corporate bonds in 2022
- 2) Appointment of Compliance Officer in 2021
Approved Report - 1) Business Results of 2021 3Q
- 2) Safety and health activity’s results in the 3Q
-
- 2020
-
2020년 Category Date of Meeting Agenda Result Regular 2020.01.29 Resolution - 1) Approval of the 44th Financial Statement and Business Report
- 2) Approval for 2020 Business and Investment Plan
- 3) Approval for Self-Dealing Between the Company and Directors or Major Shareholders
- 4) Approval to Raise the Transaction Limit with the Largest Shareholder and Others
- 5) Approval of Selecting Autonomous Fair Trade Supervisor
- 6) Approval for corporate governance charter enactment
- 7) Approval for installation of transparent management committee and enactment of its regulations
- 8) Election of transparent management committee member
Approved Report - 1) Status of Internal Accounting Management Policy Operation
- 2) 2019 Second Half CP Operation Performance and 2020 First Half Plan Report
- 3) Law-abiding support activity’s results in the 4Q and plans for 2020
- 4) Social contribution activity’s results in the 4Q and plans for 2020
- 5) ESG evaluation result
- Temporary 2020.02.28 Resolution - 1) Approval to Convene the 44th Regular Shareholders Meeting and Its Agenda
- 2) Approval for the introduction of electronics voting
Approved Report - 1) Results of 2019 Final Audit
- 2) Evaluation of the Internal Accounting Management Policy Operation for 2020
- 3) Report on the internal audit for 2020
- Temporary 2020.03.25 Resolution - 1) Election of committee chairman and member inside board of directors
- 2) Approval for license registration for information and communication works business
- 3) Approval for internal director competition transaction
Approved Regular 2020.04.24 Resolution - 1) Approval of takeover of Shandong Subsidiary
Approved Report - 1) Business Results of 2020 1Q
- 2) Law-abiding support activity’s results in the 1Q
- Regular 2020.07.24 Report - 1) Business Results of 2020 2Q
- 2) Law-abiding support activity’s results in the 2Q
- Temporary 2020.10.15 Resolution - 1) Approval of the issuance of corporate bonds
Approved Regular 2020.10.30 Resolution - 1) Approval of the limit on issuance of corporate bonds in '21
- 2) Installation of remuneration committee and enactment of its regulations
- 3) Election of remuneration committee member
- 4) Approval of the revision of the regulations of the Board of Diretors
Approved Report - 1) Business Results of 2020 3Q
- 2) Law-abiding support activity’s results in the 3Q
-
- 2019
-
2019 Category Date of Meeting Agenda Result Regular 2019.01.25 Resolution - 1) Approval of the 43rd financial statement and business report
- 2) Approval of 2019 business plan and investment plan
- 3) Approval of self-dealing between directors and major shareholders
(16 companies including Hyundai Motor Company and Kia Motors) - 4) Approval of the total transaction limit with the largest shareholder and the like
(7 companies including Hyundai Motor Company and Kia Motors) - 5) Appointment of a fair trade compliance manager
- 6) Approval of revision of internal accounting management regulations
- 7) Approval of participation of promoters of non-profit associations
Approved Report - 1) Status of operation of the internal accounting management system
- 2) CP operation performance for the second half of 2018 and report on the plan for the first half of 2019
- 3) Compliance support activity plan
- 4) Plan for social contribution activities
- Temporary 2019.02.19 Resolution - 1) Convocation of the 43rd regular general shareholders' meeting and approval of agenda items
Approved Report - 1) Evaluation result of the internal accounting management system
- 2) Results of the final audit in 2018
- Temporary 2019.03.15 Resolution - 1) Appointment of Chairman of Audit Committee
- 2) Appointment of Chairman and Members of the Independent Director Recommendation Committee
- 3) Approval of loan guarantee for Mexican subsidiary
- 4) Approval of the financial transaction limit according to the terms and conditions with affiliated financial companies
Approved Regular 2019.04.26 Resolution - 1) Approval of loan guarantee for Mexican subsidiary
- 2) Approval of the financial transaction limit according to the terms and conditions with affiliated financial companies
- 3) Approval of the revision of the duties regulations of the Audit Committee
Approved Report - 1) Financial Results for the 1st Quarter of 2019
- 2) 2019 audit plan
- Regular 2019.07.26 Resolution - 1) Approval of financial transaction limit according to the terms and conditions with affiliated financial companies
Approved Report - 1) Financial Results for the 2nd quarter of 2019
- 2) CP first half operation performance and second half plan report
- 3) First Half Compliance Support Activity Report
- 4) Report on social contribution activities in the first half
- 5) Report on the change of the method of participation of the promoters of the machine tool non-profit association
- Regular 2019.10.25 Resolution - 1) Approval of investment in engine plant in Russia
- 2) Approval of product and service transactions with the same person, etc., affiliated companies for the year '20
- 3) Approval of the limit on issuance of corporate bonds in '20
- 4) Approval of the financial transaction limit according to the terms and conditions with affiliated financial companies
Approved Report - 1) Financial Results for the 3rd quarter of 2019
- 2) Compliance support activities in the third quarter of 2019
- 3) Performance of social contribution activities in the third quarter of 2019
-
- 2018
-
2018 Categor Date of Meeting Agenda Result Regular 2018.01.26 Resolution - 1) Approval of the 42nd financial statements
- 2) Approval of 2018 business plan and investment plan
- 3) Approval of self-dealing between directors and major shareholders
(17 companies including Hyundai Motor Company and Kia Motors) - 4) Approval of the total transaction limit with the largest shareholder
(7 companies including Hyundai Motor Company and Kia Motors) - 5) Appointment of a fair trade compliance manager
Approved Report - 1) Results of evaluation of the operation status of the internal accounting management system
- 2) CP operation performance for the second half of 2017 and report on the plan for the first half of 2018
- Temporary 2018.02.23 Resolution - 1) Approval of business report
- 2) Convocation of the 42nd regular general shareholders' meeting and approval of agendas
Approved Report - 1) 2017 Final Audit Results Report
- Temporary 2018.03.16 Resolution - 1) Appointment of CEO
- 2) Appointment of members of the Independent Director Recommendation Committee
- 3) Approval of the financial transaction limit according to the terms and conditions with affiliated financial companies
- 4) Approval of loan guarantee for Mexican subsidiary
Approved Regular 2018.04.27 Resolution - 1) Approval of financial transaction limit according to the terms and conditions with affiliated financial companies
Approved Report - 1) Financial results for the first quarter of 2018
- Temporary 2018.06.22 Resolution - 1) Approval of the change in product and service transactions with an affiliated company such as the same person in the second quarter of '18
Approved Regular 2018.07.27 Resolution - 1) Approval of loan guarantee for Mexican subsidiary
- 2) Approval of the financial transaction limit according to the terms and conditions with affiliated financial companies
Approved Report - 1) Financial Results for the 2nd quarter of 2018
- 2) CP operation performance for the first half of 2018 and operation plan for the second half of 2018
- Temporary 2018.09.20 Resolution - 1) Approval of the change in the transaction of goods and services with an affiliated company such as the same person in the third quarter of '18
- 2) Approval of the change in product and service transactions with the same person or affiliated companies in the fourth quarter of '18
Approved Regular 2018.10.26 Resolution - 1) Approval of product and service transactions with the same person, etc., investment affiliated companies annually in '19
- 2) Approval of the limit on issuance of corporate bonds in '19
- 3) Approval of the financial transaction limit according to the terms and conditions with affiliated financial companies
- 4) Appointment of Compliance Officer
Approved Report - 1) Financial Results for the 3rd quarter of 2018
- 2) Performance of social contribution activities in 2018
- Temporary 2018.11.30 Resolution - 1) Approval of transfer of assets to related persons
Approved
- 2017
-
2017 Category Date of Meeting Agenda Result Regular 2017.01.26 Resolution - 1) Approval of the 41st financial statement and business report
- 2) Approval of 2017 business plan and investment plan
- 3) Approval of transactions between directors and major shareholders
- 4) Approval of the total transaction limit with the largest shareholder, etc.
- 5) Appointment of a fair trade compliance manager
- 6) Appointment of manager
Approved Report - 1) Results of evaluation of the operation status of the internal accounting management system
- 2) 2016 stock trading and corporate bond issuance performance
- 3) CP operation performance and plan report
- Temporary 2017.02.24 Resolution - 1) Convocation of the 41st regular general shareholders' meeting and approval of agendas
Approved Temporary 2017.03.17 Resolution - 1) Appointment of CEO
- 2) Appointment of members of the Independent Director Recommendation Committee
Approved Regular 2017.04.27 Resolution - 1) Approval of financial statements for the first quarter of 2017
- 2) Approval of the financial transaction limit according to the terms and conditions with affiliated financial companies
Approved Regular 2017.07.27 Resolution - 1) Approval of financial statements for the second quarter of 2017
Approved Report - 1) CP operation performance for the first half of 2017 and plans for the second half of 2017
- Temporary 2017.08.31 Resolution - 1) Approval of participation in the capital increase of Shandong corporation
- 2) Approval of extension of loan guarantee for Mexican subsidiary
- 3) Approval of internal transactions with related parties
Approved Regular 2017.10.27 Resolution - 1) Approval of financial statements for the third quarter of 2017
- 2) Approval of increase of US corporation
- 3) Approval of increase of the Mexican subsidiary
- 4) Approval of capital increase by Hyundai Wia Turbo
- 5) Approval of transfer of assets to related persons
Approved Temporary 2017.12.21 Resolution - 1) Approval of the product and service transaction plan with an affiliated company invested by the same person, etc.
- 2) Approval of insurance transactions with related persons
- 3) Approval of the limit on issuance of corporate bonds in '18
- 4) Approval of the financial transaction limit according to the terms and conditions with affiliated financial companies
Approved
- 2016
-
2016 Category Date of Meeting Agenda Result Regular 2016.01.27 Resolution - 1) Approval of the 40th financial statement and business report
- 2) Approval of 2016 business plan and investment plan
- 3) Approval of transactions between directors and major shareholders
- 4) Approval of the total transaction limit with the largest shareholder, etc.
- 5) Appointment of a fair trade compliance manager
Approved Report - 1) Results of evaluation of the operation status of the internal accounting management system
- 2) Performance of stock trading and corporate bond issuance of other corporations in 2015
- 3) CP operation status in the second half of 2015 and plans for the first half of 2016
- Temporary 2016.02.19 Resolution - 1) Approval of new facility investment in Seosan multi-engine engine plant
- 2) Approval of loan guarantee for Mexican subsidiary
- 3) Approval of participation in paid capital increase of Hyundai Wia IHI
Approved Temporary 2016.02.26 Resolution - 1) Approval of resolution and negative agenda for the 40th regular shareholders' meeting
Approved Temporary 2016.03.18 Resolution - 1) Approval of the 78th corporate bond issuance
- 2) Approval of the change of product/service transaction in the first quarter of 2016 with an affiliated company such as the same person
Approved Regular 2016.04.27 Resolution - 1) Approval of financial statements for the first quarter of 2016
- 2) Appointment of Compliance Officer
- 3) Approval of branch closure
Approved Temporary 2016.06.27 Resolution - 1) Approval of purchase of real estate from a related person
Approved Regular 2016.07.27 Resolution - 1) Approval of financial statements for the second quarter of 2016
Approved Report - 1) CP operation performance for the first half of 2016 and plans for the second half
- Regular 2016.10.27 Resolution - 1) Approval of financial statements for the third quarter of 2016
Approved Temporary 2016.12.08 Resolution - 1) Approval of acquisition and disposal of treasury stock
Approved Temporary 2016.12.21 Resolution - 1) Approval of the product/service transaction plan with an affiliated company invested by the same person, etc.
- 2) Approval of change in product/service transactions with affiliates with investments such as the same person in the fourth quarter of '16
- 3) Approval of insurance transaction with related persons
- 4) Approval of the limit on issuance of corporate bonds in 2017
- 5) Approval of financial transaction limit according to the terms and conditions with affiliated financial companies
Approved
- 2015
-
2015 Category Date of Meeting Agenda Result Temporary 2015.01.15 Resolution - 1) Approval of conclusion of investment contract for factory establishment in Mexico
Approved Regular 2015.01.23 Resolution - 1) Approval of the 39th financial statement and business report
- 2) Approval of 2015 business plan and investment plan
- 3) Approval of transactions between directors and major shareholders
- 4) Approval of the total transaction limit with the largest shareholder, etc.
- 5) Approval of the 76th corporate bond issuance
- 6) Appointment of a fair trade compliance manager
- 7) Approval of branch relocation
Approved Report - 1) Results of evaluation of the operation status of the internal accounting management system
- 2) 2014 performance of stock trading and corporate bond issuance
- 3) CP operation status in the second half of 2014 and plans for the first half of 2015
Temporary 2015.02.23 Resolution - 1) Approval of resolution and negative agenda for the 39th regular shareholders' meeting
Approved Temporary 2015.03.20 Resolution - 1) Approval of the product/service transaction plan for the second quarter of 2015 with an affiliated company such as the same person
Approved Regular 2015.04.24 결의 - 1) Approval of financial statements for the first quarter of 2015
- 2) Approval of the 77th corporate bond issuance
Approved Temporary 2015.06.26 Resolution - 1) Approval of the product/service transaction plan for the 3rd quarter of 2015 with an affiliated company such as the same person
- 2) Approval of loan guarantee for Mexican subsidiary
Approved Regular 2015.07.24 Resolution - 1) Approval of financial statements for the second quarter of 2015
Approved Report - 1) CP operation performance for the first half of 2015 and plans for the second half
Temporary 2015.09.24 Resolution - 1) Approval of the product/service transaction plan for the fourth quarter of 2015 with an affiliated company such as the same person
Approved Regular 2015.10.23 Resolution - 1) Approval of financial statements for the third quarter of 2015
Approved Temporary 2015.11.27 Resolution - 1) Approval of transfer of assets with related persons
Approved Temporary 2015.12.23 Resolution - 1) Approval of the product/service transaction plan for the first quarter of 2016 with an affiliated company such as the same person
- 2) Approval of loan guarantee for Mexican subsidiary
Approved
