On March 27, 2019, HMM has appointed Mr. Jae-hoon Bae as President & CEO of HMM. Mr. Bae’s appointment was approved by the Board of Directors, followed by the 43rd regular shareholders meeting of the company, which was held at HMM headquarters, Seoul.
On March 7, the CEO recommendation committee led by Korea Development Bank selected Mr. Bae as the final candidate for the next HMM CEO following a comprehensive candidate examination. Before his formal appointment, Mr. Bae came to the office to meet HMM’s senior executives and thoroughly checked current and future business conditions for the company.
Roles and responsibilities
Mr. Bae is expected to focus on a customer’s view on handling HMM’s current issues to lead managerial innovation"
HMM official said, “Mr. Bae, an expert in logistics who successfully served as CEO of Pantos Logistics for six years, is favoured because of his broad understanding and capabilities in terms of sales negotiation, global management, and organisational management.”
And that “Mr. Bae is expected to focus on a customer’s view on handling HMM’s current issues to lead managerial innovation, strengthen its sales competitiveness. And all of HMM employees will do their best to lay a foundation to leap forward to become a global top-rated carrier.”
Bae’s experience
Earlier in his career, Mr. Bae worked for LG Semicon as a marketing director in 1990 and was promoted to the president of LG Semicon America Inc. in 1997.
Then, he served as Vice President of LG Electronics MC (Mobile Communications) Overseas Marketing in 2004, and subsequently as CEO of Pantos Logistics from January 2010 to January 2016.