Search results for CEO Recommendation Committee
Finance
Sh Suhyup Bank again fails to pick final candidate for next CEO, to revisit talks late October to early November
Sh Suhyup Bank failed again to select a final candidate for its next chief executive, after neither contender secured the required votes. Incumbent CEO Shin Hak-gi (신학기) won support from three of the five members of the CEO recommendation committee, while FIU chief Lee Hyung-joo (이형주) drew two votes, the same result as at the previous meeting. The committee plans to reconvene in late October or early November without a new call for candidates.
Telecommunications & Media
Broadcasting Media Telecommunications Commission cuts YTN, Yonhap News TV approval period by 3 months over CEO recommendation committee
South Korea\'s Broadcasting Media Telecommunications Commission imposed a three-month cut to the approval validity period for YTN and Yonhap News TV for failing to form a CEO recommendation committee required under the Broadcasting Act. The commission ordered both broadcasters to rectify the violations by Oct. 10. It said earlier corrective orders issued in May were not met by the July deadline and noted the violations have persisted for about a year since the law took effect.
Telecommunications & Media
U.S. Broadcast Media and Telecommunications Commission to decide follow-up action after approving YTN largest shareholder change
The Broadcast Media and Telecommunications Commission is expected to put follow-up administrative measures on the agenda soon over whether its approval of YTN’s largest shareholder change for Eugene ENT was flawed. Many commissioners agreed the approval process had problems, including a decision by a two-member panel, but differed over whether this warrants ex officio cancellation and on timing. Views ranged from calling the approval void or subject to cancellation to urging caution until court rulings and investigations conclude.