Management Information
Promise to customers and shareholders, OCI thinks of trust first.
Board of Directors
Teak Joung Kim
Chairman / Representative Director / Vice Chairman
Elected as Director : May 2, 2023
Term of Director : Three years from election
Major Career
- (Current) Director, OCIM Sdn. Bhd.
- (Current) Auditor, Korea Chlor Alkali Industry Association
- (Current) Director, Korea Specialty Chemical Industry Association
- COO (President), OCI Co., Ltd.
- Head (SEVP), RE Business Division, OCI Co., Ltd.
Yoo-Shin Kim
Representative Director / President
Elected as Director : May 2, 2023
Term of Director : Three years from election
Major Career
- CMO (Vice President), OCI Co., Ltd.
- Head (Vice President), Chemical Business Division,
OCI Co., Ltd. - Head (Senior Vice President, Executive Vice President), Carbon Business Division, OCI Co., Ltd.
Tae-Gon Moon
Independent Director / Audit Committee member
Elected as Director : May 2, 2023
Term of Director : Three years from election
Major Career
- CEO, Kangwon Land
- Senior Adviser, Yoon & Yang
- Standing Auditor, Samsung Life Insurance
- Director, Office of Planning and Coordination, and Second Deputy Secretary General, The Board of Audit and Inspection
- Secretary to the President for Public Office Discipline, The Blue House
Chin-Il Kim
Independent Director / Audit Committee member
Elected as Director : May 2, 2023
Term of Director : Three years from election
Major Career
- Head (Representative Director, President), Steel Production Division, POSCO
- CEO & President, POSCO Chemtech
- Head (Vice President), Steel Production Division, POSCO
- General Superintendent, Pohang Works, POSCO
Won-Sun Jung
Independent Director / Audit Committee member
Elected as Director : May 2, 2023
Term of Director : Three years from election
Major Career
- (Current) Outside director/Member of Audit committee, OCI Co., Ltd.
- (Current) Partner, SHEPPARD, MULLIN, RICHTER & HAMPTON
- Local Partner, WHITE & CASE LLP
- Senior Associate, SIMPSON THACHER & BARTLETT LLP
* All directors are insured with the Directors and Officers Liability and Company Reimbursement Policy(Insurance)
Committees under the Board of Directors(*Chair)
Outside Director Nomination Committee
Matters related to recommendation of director candidates, etc.
Won-Sun Jung(*), Yoo-Shin Kim, Tae-Gon Moon, Chin-Il Kim
Audit Committee
Audit and inspection, etc.
Tae-Gon Moon(*), Chin-Il Kim, Won-Sun Jung
ESG Committee
Matters concerning sustainable management
Yoo-Shin Kim(*), Tae-Gon Moon, Chin-Il Kim, Won-Sun Jung
Compensation Committee
Matters related to remuneration, etc. of Directors
Teak Joung Kim(*), Tae-Gon Moon, Chin-Il Kim, Won-Sun Jung
Related Party Transactions Committee
Matters regarding large-scale internal trading
Chin-Il Kim(*), Tae-Gon Moon, Won-Sun Jung
Performances of the BOD and its Committees
We operate the board and its committees in Korean and provide details of their activities in Korean only.
If you use a browser with a translating feature, you may comprehend the performance information in your own language.
However, we do not guarantee the accuracy or the quality of the translation and if and when there is a discrepancy between the translation and the original, the original(Korean) takes precedence.
Shareholder return policy
OCI provides dividends as a major means of shareholder return, which are in principle cash dividends based on continuous growth.
In addition, if necessary, we purchase treasury stocks to stabilize stock prices.
OCI aims to maintain a market dividend rate of 2% or higher and a dividend payout ratio of 30% or higher, and the amount of shareholder return is determined by comprehensively considering business performance, investment plan, cash flow, and financial situation.
In order to increase corporate value and shareholder value, we will maintain the amount of dividends that can improve the company's financial structure and meet shareholders' needs at the same time by securing competitiveness in core business and generating stable profits.
When a dividend resolution is made, the information is immidiately notified to shareholders through stock market filing and disclosure, and we will also try to communicate with shareholders at least once a year through IR events.
Board composition and board appointment procedures
In order to strengthen the professionalism of the board, OCI appoints members of the board of directors in consideration of their experience and expertise in chemistry, law, accounting, finance and their stake holding status and other mandates.
Furthermore, OCI tries to secure diversity in the board of directors, including gender, age, race, ethnicity, country of origin, and nationality.
Succession policy for leadership Succession policy for leadership
In order to maintain management stability and continuity and minimize uncertainties such as management gaps, OCI has established succession policies including fostering candidates for CEO and systematically managed the succession system.