The company said Kevin J. Wheeler will transition from Chairman and Chief Executive Officer to Executive Chairman, effective July 1, 2025, as announced on April 25, 2025.

1. 01

   The company said Kevin J. Wheeler will transition from Chairman and Chief Executive Officer to Executive Chairman, effective July 1, 2025, as announced on April 25, 2025.

2. 02

   The company said it has elected Stephen M. Shafer, its President and Chief Operating Officer, as Chief Executive Officer effective July 1, 2025, and also elected him to the Board of Directors on the same date. Shafer will not serve on any Board committees.

3. 03

   The company said Wheeler, as Executive Chairman, will continue to lead the Board of Directors and remain actively involved in strategic development, mergers and acquisitions, investor relations and executive talent development.

4. 04

   The company said Shafer was named President and Chief Operating Officer on March 18, 2024. Before that, he was president of the Automotive and Aerospace Solutions Division at 3M Company. The company said Shafer, as CEO, will be responsible for global operations, strategy development and implementation, profitability and shareholder return.

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AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

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