BOD Organization
| Position and Duties | Audit Committee | Transparent Management Committee | Outside Director Candidate Recommendation Committee | Compensation Committee | ESG Committee | |
|---|---|---|---|---|---|---|
| Shin Dong-bin | Chairman & CEO | |||||
| Kim Kyo-hyun | President & CEO | |||||
| Hwang Jin-Goo | Vice-President & CEO | |||||
| Lee Young-jun | Vice-President & CEO | |||||
| Choi Hyon-min | Outside Director | |||||
| Nam Hye-Jung | Outside Director | |||||
| Cho Woon-hang | Outside Director | |||||
| Jeon Woon-bae | Outside Director | |||||
| Kang Jeong-won | Outside Director | |||||
| Lee Hoon Ki | Non-executive Director | |||||
Audit Committee
- Organization
- Choi Hyon-min(Outside Director), Nam Hye-Jung(Outside Director),
Cho Woon Hang (Outside Director)
- Duty and authority
- Audit of accounting and operation of LOTTE Chemical
- Demand reporting on company business and examination of company assets
- Deal with matters stipulated in laws or the Articles of Incorporation and matters delegated by the BOD
Transparent Management Committee
- Organization
- Nam Hye-Jung(Outside Director), Cho Woon-Hang(Outside Director)
- Duty and authority
- Review of intercompany transaction exceeding a specific size and suggest modification
- Request submission and report of information needed for case review
- Process matters stipulated in laws or the Articles of Incorporation and matters delegated by the BOD
Outside Director Candidate Recommendation Committee
- Organization
- Hwang Jin-koo(Vice-President & CEO),
Jeong Joong-weon(Outside Director)
- Duty and authority
- Outside Director Candidate Recommendation Committee to be Composed of Three Members
- The Outside Director Candidate Recommendation Committee is consisted of three members, and outside directors constitute 2/3 or more of the Committee members (to satisfy the provisions of Paragraph 4 of Article 542-8 of the Commercial Act).
- The Committee recommends candidates for outside director in the stockholders’ meeting.
Compensation Committee
- Organization
- Jeon Woon-bae(Outside Director), Choi Hyon-min(Outside Director),
Kang Jeong-won(Outside Director)
- Duty and authority
- Consideration and decision on executive compensation
- Review, Resolution of Other Delegated Issues by the Board of Directors
ESG Committee
- Organization
- Jeon Woon-bae(Outside Director), Lee Young-jun(Vice-President & CEO) ,
Choi Hyon-min(Outside Director), Nam Hye-Jung(Outside Director),
Kang Jeong-won(Outside Director),
- Duty and authority
- Resolution and deliberation on suitability and feasibility of business decision-making from the perspective of ESG
Outside Auditor & Auditor Opinion
| Auditor | 2020 | 2019 | 2018 |
|---|---|---|---|
| Auditor Opinion | Appropriate | Appropriate | Appropriate |
| Outside Auditor | KPMG Samjong Accounting | EY Hanyoung | EY Hanyoung |