Who is moving to which position
Resolved 30 October 2026Incoming appointee
1 itemDeparting officer
1 item“Next role stated” means the document names the position the person holds after stepping down. It does not necessarily mean they are leaving the company.
Because the company decided to change the management structure after compliance issues concerning conflict-of-interest transactions by the current president and representative director came to light
Remains as a director
At 株式会社友愛観光バス, a consolidated subsidiary of the company, the company decided to change the management structure after compliance issues concerning conflict-of-interest transactions by the current president and representative director came to light.
| Item | Details |
|---|---|
| Resolution date | 30 October 2026 |
| Scheduled Appointment Date | 1 November 2026 |
| Date of departure | 1 November 2026 |
| Name of appointee | Lee Byeong-chan (李 炳燦) |
| Appointee's new position | Representative Director and President |
| Appointee's previous position | Directors |
| Name of departing officer | Shin Chang-seong (新 昌 誠) |
| Former position of departing officer | Representative Director and President |
| New position of departing officer | Directors |
| Reason for departure | Because the company decided to change the management structure after compliance issues concerning conflict-of-interest transactions by the current president and representative director came to light |
| Whether the incumbent will remain in office | Remains as a director |
| Reason for change | At 株式会社友愛観光バス, a consolidated subsidiary of the company, the company decided to change the management structure after compliance issues concerning conflict-of-interest transactions by the current president and representative director came to light. |
| Subject to Approval by the General Meeting of Shareholders | Resolution already approved at the extraordinary general meeting of shareholders held today. Agenda item and scheduled meeting date: Not disclosed |
Items this document does not state (8)
These are items the company does not state in this document. We do not leave them blank, nor fill them in from other sources or by inference.
The reasons the company gives
The company's own explanation, not something inferred from the numbers.The management structure was changed after compliance issues concerning conflict-of-interest transactions by the current president and representative director came to light. The company also plans to establish an internal investigation committee to confirm the facts and conduct other inquiries.