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SK Retains Key CEOs, Names Jung Seung-il to Lead SK Innovation
SK Group announced its 2027 executive reshuffle on Oct. 30, retaining the CEOs of major affiliates, including SK hynix's Kwak Noh-jung, to ensure management stability, while appointing Jung Seung-il, a former vice minister of trade and energy, as the new CEO of SK Innovation. Jang Yong-ho, who led both SK Inc. and SK Innovation, will focus on SK Inc. The group also promoted Kim Sun-hyuk to president and created a Southeast Asia chief role to strengthen overseas business. Korean media frame the move as 'stability amid change,' contrasting with last year's large-scale generational shift, and note the focus on AI and future growth investment.
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