EcoPro (086520) has promoted Choi Sang-woon, head of its management support division, and Park Jong-hwan, chief executive of EcoPro EM, to president, naming them to lead EcoPro and EcoPro HN (383310), respectively. Song Ho-jun, EcoPro's chief executive, will move to EcoPro BM (247540) as its head.
EcoPro said on the 1st that it carried out the promotions and reassignments on Sept. 30 to strengthen external partnerships in line with the group's rising profile and to secure future growth engines through business diversification.
Choi was recognized for overseeing EcoPro's core support functions and building a foundation for organizational stability and sustainable growth. Park is a battery specialist who has led the construction of cathode material plants and the establishment of mass production systems in the secondary battery cathode materials field. He plans to focus on strengthening EcoPro HN's semiconductor materials capabilities and its competitiveness in manufacturing secondary battery materials.
The group also reorganized chief executive posts at its affiliates. Song has been tapped to lead EcoPro BM while concurrently serving as chief executive of EcoPro EM, an EcoPro BM subsidiary.
Under Song, EcoPro BM plans to strengthen its role as an intermediate holding company overseeing the secondary battery materials business. The company will overhaul management systems at overseas units in Hungary and Canada and accelerate efforts to secure future growth engines through an investment in the BNSI smelter in Indonesia.
Kim Jang-woo, EcoPro BM's management chief executive, will move to EcoPro and serve as co-chief executive alongside Choi. Kim will oversee the group's finance and management administration.
EcoPro moved up this year's executive reshuffle by two months from previous years. The step is intended to let the newly named chief executives take part directly in drafting next year's business plans, strengthening accountability and execution. The incoming chief executives will be formally appointed after procedures including board and shareholder meetings at each company.
