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[Disclosure] Hanwha Aerospace (012450) – Change in CEO / 2025-03-25

Posted on March 25, 2025August 10, 2026 By K-STOCK Editor

Fact Source: Financial Supervisory Service DART

💡 3-Second Summary

Hanwha Aerospace has disclosed a change in top management, expanding its co-CEO structure of Dong-Kwan Kim and Jae-Il Son to a three-member co-CEO structure with the newly appointed Michael Coulter.

📊 [Key Disclosure Contents & Major Financial Figures]

1. Details of Change

  • CEOs Before Change: Dong-Kwan Kim, Jae-Il Son (Co-CEOs)
  • CEOs After Change: Dong-Kwan Kim, Jae-Il Son, Michael Coulter (Co-CEOs)
  • Reason for Change: Appointment of a new CEO
  • Date of Change (Board Resolution Date): March 25, 2025

2. Profile of Newly Appointed CEO

  • Name: Michael Coulter
  • Relationship with Largest Shareholder: Related party of the largest shareholder
  • Key Career Background:
    • Principal Deputy Assistant Secretary of Defense for International Security Affairs, U.S. Department of Defense
    • Vice President of Global Business Development, General Dynamics
    • Senior Vice President of Business Development and President of Global Operations, Leonardo DRS

3. Profile of Existing CEOs

  • Dong-Kwan Kim: Currently CEO of Hanwha Corporation, CEO of Hanwha Solutions, Non-Executive Director of Hanwha Ocean, CEO of Hanwha Impact
  • Jae-Il Son: Former CEO of Hanwha Defense, former CEO of Hanwha Munitions, currently Director at Hanwha Aerospace USA, Non-Executive Director of Satrec Initiative, CEO of Hanwha Systems

📝 Editor’s Comment (Key Follow-up Checkpoint)

📌 Verification of Board Composition and Executive Roles Following CEO Appointment

This disclosure reflects the expansion of the co-CEO management structure following the appointment of a new CEO. Monitoring subsequent updates regarding executive roles and corporate management activities is important for understanding the company’s governance structure and operational oversight. Official updates regarding executive composition can be verified in upcoming periodic reports under the ‘Board of Directors’ and ‘Executive and Employee Information’ sections.

📢 Disclaimer and Source Notice

Source: This content was newly generated and structured based on official data filed with the Financial Supervisory Service’s Data Analysis, Retrieval and Transfer System (DART).

Investment Risk Warning: This material is provided for informational and language reference purposes only. Under no circumstances does it constitute financial advice or a recommendation to buy or sell specific securities. All investment decisions and financial responsibilities rest entirely with the investor.

Inquiries: For compliance inquiries or copyright-related requests, please contact ksb220805@gmail.com.

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