SK Discovery announced on October 30 that it has appointed Yoon Byeong-seok, the CEO of SK Gas, as its new president.
This appointment aims to strengthen the competitiveness of existing businesses and expand the foundation for future growth.
Yoon has built expertise across various sectors at SK Gas, including management support, gas operations, solutions and trading, and power generation. Since becoming CEO in 2018, he has expanded the company's focus from LPG to include LNG and power generation.
SK Gas is set to complete the Korea Energy Terminal (KET) in 2024 and begin commercial operations of the Ulsan GPS, a 1.2GW LNG and LPG combined power plant, establishing a new growth foundation that encompasses LNG import, storage, supply, and generation.
SK Discovery has improved its financial health this year by completing portfolio restructuring, including the sale of SK Eterus and SK D&D. Based on this, the company plans to actively pursue the discovery and commercialization of new growth businesses starting in 2027.
Yoon is expected to lead the execution of SK Discovery's growth strategy following the portfolio restructuring, leveraging his experience in new business development at SK Gas.
The company stated, "With this appointment, we will enhance the competitiveness of our energy, materials, and bio businesses under SK Discovery and accelerate the discovery and growth of future projects."
Meanwhile, SK Gas has appointed Song Kyung-yeol, head of the strategy division, as the new president to succeed Yoon Byeong-seok.
* This article has been translated by AI.
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