NEWS 1

Jae-hoon Bae appointed as next HMM CEO

On March 6, 2019, HMM’s largest shareholder, KDB made its final decision on the next HMM CEO candidate following a comprehensive candidate examination conducted by the recommendation committee.

The committee of recommendation conducted interviews with four candidates and selected Mr. Jae-hoon Bae as the final candidate who served as CEO of Pantos Logistics from 2010 to 2015.

Mr. Bae’s appointment is expected to be confirmed after HMM's shareholders meeting.

Mr. Bae was favored because of his broad understanding and recognition as an expert in logistics, and he is expected to focus on a customer’s view on handling HMM’s current issues in order to lead managerial innovation and strengthen HMM’s sales competitiveness.

Earlier in his career, Mr. Bae served as vice president of LG Electronics MC(Mobile Communications) overseas marketing department.

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