Committee
The Board of Directors has established and delegated partial authority to specialized committees for each field to ensure the effective and professional operation of the Board
4 Tabs
The Compensation Committee strives for design of logical compensation policy and l independent and responsible management to impove shareholder value.
Organization
- The Committee must be comprised of three (3) or more Directors and more than half from outside directors.
- Currently, the Committee is comprised of one (1) inside director and two (2) outside directors.
Appointment and Term of Committee Members
- The Committee members are appointed by resolution of the BoD, and the term is the same as the director's.
- The chair is appointed by resolution of the Committee, and currently outside director Kim Jae-Jun is in charge.
Operation
- The Committee meeting is held once a year, and special meetings can be held as often as needed.
- The Committee can ask an involved employee to attend the meeting, and can request for an expert consultation at the expense of the company. - The operation details are determined by the Regulations of the Committee
Rights
- The Committee can ask an involved employee to attend the meeting, and can request for an expert consultation at the expense of the company. - Limitation of Director`s payment to be presented to a general meeting of shareholders. - Other matters that the Board of Directors delegate.
