Shortcut to text

KT&G

메뉴열기 KOR
메뉴닫기

KT&G conducts business in accordance with the decision-making of the board of directors and under the responsibility of the CEO, and intends to become a global blue-chip company by maximizing corporate value and the values of employees.

KT&G corporate governance envisions to establish both professional and responsible management system based on the board of directors and dominated by independent non-executive directors in order to balance 3the values of entire shareholders and takeholders.

Scroll left or right to move.
KT&G
Independence of Board of Directors Improvement of Shareholder Value Responsible Management of Professional Manager
Independence of the organization and operation of board of directors
  • Proportion of Outside Directors: 75%, CEO and Chairman are separated.
  • All members of Audit Commission and Evaluation Committee are outside directors
Transparency of appointment process of outside director
  • Operation of the commission of recommendation of candidates for outside director
  • Utilization of research center for the investigation of candidates for outside director
Grant of special authority to outside director
  • Evaluation of president’s management contract and dismissal proposal of president
  • Decision on president’s wage and payment method
Shareholder Return
  • Execution of stable cash dividends based on mid- and long-term profit growth
Shareholder Protection
  • Introduction of the Concentrated Vote System
Appointment and Management Contract
  • Candidates for president are recommended by the commission of recommendation of the candidate for president, and the president is appointed in a general meeting of stockholders
  • The new president concludes the management contract
  • The Board of directors assesses management performance every year
Rewards and Dismissal
  • A wage system connected with management performance
  • When the president does not fulfill the management contract, the board of directors proposes a dismissal in the general meeting of stockholders

Awards

Scroll left or right to move.
2011
  • 06.24

    Selected as the best company in corporate governance (hosted by the Korea Corporate Governance Service)

2010
  • 06.15

    Won the Award of Excellence in corporate governance(Hosted by Corporate Governance Service Korea)

  • 03.31

    Re-amendment of KT&G's Corporate Governance Charter

2007
  • 06.22

    Nominated as the Hall of Fame Inductee in corporate governance(Hosted by Corporate Governance Service Korea, Korea Exchange)

    ※ Maintained the same status in 2008.
2006
  • 06.28

    Won the Award of Excellence in corporate governance for 3 consecutive years (Hosted by Corporate Governance Service Korea, Korea Exchange)

  • 04.19

    Re-amendment of KT&G's Corporate Governance Charter

2005
  • 09.14

    Amendment of KT&G's Corporate Governance Charter

  • 06.22

    Won the Award of Excellence in corporate governance for 2 consecutive years (Hosted by Corporate Governance Service Korea, Korea Exchange)

2004
  • 06.15

    Won the Award of Excellence in corporate governance (Hosted by Corporate Governance Service Korea, Korea Exchange)

2003
  • 07.22

    Establishment and proclamation of KT&G's Corporate Governance Charter (Consisting of shareholder rights, board of directors, audit system, stakeholders, disclosure and etc.)

  • Contact us
  • Download
top
Close all menus