Board of Directors and Board Committees Information
|Type||Name||Date Appointed||Term||Appointment||Present Position|
|Standing Directors||Hoyoung Jeong||2020.03.20||3Years||Newly Appointed||CEO and President, LG Display|
|Dong Hee Suh||2020.03.20||3Years||Reappointed||CFO and Senior Vice President, LG Display|
|Non-standing Director||Young Soo Kwon||2019.03.15||3Years||Newly Appointed||CEO and Vice Chairman, LG, Board Chairman|
|Outside Directors||Chang-Yang Lee||2019.03.15||3Years||Newly Appointed||Member of Audit Committee and Professor of Economics and Public Policy, KAIST|
|Byungho Lee||2021.03.23||3Years||Reappointed||Professor of Electrical and Computer Engineering, Seoul National University|
|Kun Tai Han||2019.03.15||3Years||Reappointed||Member of Audit Committee and CEO of Hans Consulting|
|Doocheol Moon||2021.03.23||3Years||Newly Appointed||Member of Audit Committee and Professor of School of Business, Yonsei University|
(The date of appointment is the date of decision by shareholders' meeting.)
The Board of Directors of LG Display is formed of 7 Directors including 2 Standing Directors, 1 Non-Standing Director and 4 Outside Directors. BOD consists of 3 committees of the Audit Committee, Outside Director Nomination Committee and Management Committee.
The independence of BOD is assured by selecting the outside directors at the shareholders' meeting among those recommended by the Outside Director Candidate Recommendation Committee. To ensure the efficient and rational decision making and specialization, the outside directors are selected from those who have the extensive knowledge and experience in professional areas such as management, law, technology, accounting, etc. To assure the independence of each committee, the ratio of outside directors in each committee except the Management Committee of BOD is maintained of a specific ratio or more, and each committee is operated transparently according to the operating guideline of the committee.
LG Display has established efficient and transparent corporate governance through the BOD and its committees - the Audit Committee, the Outside Director Nomination Committee, and the Management Committee, which are tasked with improving corporate governance, recommending outside directors, and tackling various risks related to corporate management. The committees' major activities can be viewed at the Data Analysis, Retrieval, and Transfer (DART) System of the Financial Supervisory Service ( ).
|Type||Organization||Name||Purpose and Authority|
|Audit Committee||3 Outside Directors
Kun Tai Han
|Auditing of LG Display's accounting and operation and assessment of internal audit|
|Outside Director Nomination Committee||1 Non-standing Director,
2 Outside Directors
|Young Soo Kwon,
|Recommendation of outside director candidate to be selected by the General Shareholders' Meeting|
|Management Committee||2 Non-outside Directors
Dong Hee Suh
|Delegation of general business matters and minor financial matters so that the BOD can focus and deliberate the important issues more efficiently and seek the quick execution by the management|