KT on Tuesday held its 44th annual general meeting at the KT Research and Development Center on Taebong-ro in Seocho district, Seoul, and appointed Park Yoon-young (박윤영) as chief executive.

Park, the new CEO, joined Korea Telecom, KT's predecessor, in 1992 and has worked at KT for more than 30 years as an ICT expert. He has served as president and head of the enterprise business division, head of the future business development group and head of the convergence research institute, gaining broad experience across the company's key businesses and technology areas.

During his tenure as head of the enterprise business division, he led growth in the B2B business and contributed to expanding KT's core growth axis into B2B. KT expects Park's AX capabilities, growth strategy and management commitment to enhancing corporate value to help drive the company's future growth.

Annual revenue 28.2442 trillion won, operating profit 2.4691 trillion won; dividend set at 600 won

The meeting put forward a total of nine agenda items, including the appointment of the CEO, approval of financial statements, partial changes to the articles of incorporation, and the appointment of inside and outside directors. All were approved as originally proposed.

KT approved its 2025 consolidated financial statements with annual revenue of 28.2442 trillion won and operating profit of 2.4691 trillion won. The fourth-quarter dividend was set at 600 won per share and is scheduled to be paid on April 15.

KT has been pursuing treasury share buybacks and cancellations under its corporate value enhancement plan. It plans to buy back treasury shares worth about 250 billion won by September. In line with the purpose of recent revisions to the Commercial Act and its corporate value enhancement plan, it also put forward as an agenda item an "approval plan for holding and disposing of treasury shares" and strengthened transparency in decision-making procedures on holding and disposing of treasury shares.

Park Hyun-jin (박현진) was appointed as an inside director. Park has served as CEO of KT Millie's Library and KT Genie Music, head of KT's customer strategy headquarters, and head of its 5G business headquarters. Kim Young-han (김영한), currently a professor in the School of Electronic and Information Engineering at Soongsil University, was appointed as an outside director. Kwon Myung-sook (권명숙), former CEO of Intel Korea, and Seo Jin-seok (서진석), currently a non-standing adviser at OCI Holdings and Bukwang Pharmaceutical, were appointed as outside directors who will serve on the audit committee.

KT also provided an online live broadcast of the shareholders meeting for shareholders who applied in advance, as it did last year. Starting with its 2027 annual general meeting, KT plans to introduce an electronic shareholders meeting that will allow shareholders to participate in real time online and exercise voting rights without attending the venue in person.

KT said, "With the appointment of a new CEO, we will reorganise the management system and strengthen the foundation of accountable management." It added, "We will continue to work to achieve sustainable growth and enhance corporate value based on transparent governance and active communication with shareholders."