Huvis (079980) announced on the 26th that it held its 24th Annual General Meeting and an extraordinary board meeting in Nonhyeon-dong, Gangnam-gu, Seoul. During the latter, Kim Seok-hyun, SVP, was appointed CEO.

The newly appointed CEO, Kim Seok-hyun, graduated from Gwangju High School, Jeonnam University with a degree in Economics, and Korea University with an MBA. He joined SK Chemicals (formerly Sunkyong Synthetics), a shareholder company of Huvis, in 1994. With the launch of Huvis, a joint venture between Samyang Corporation and SK Chemicals, in 2000, he was responsible for strategic planning, performing a pivotal role in establishing Sichuan Huvis in China. From 2004 to 2010, he contributed to turning Sichuan Huvis into a profitable entity as the financial manager, improving liquidity and securing financial health. Additionally, he spearheaded the company's listing on the stock market in 2012 and subsequently managed strategic and human resources tasks.

Appointed CEO of Huvis on December 1st last year, Kim has overseen management and is committed to overcoming the company's performance challenges and enhancing its competitive edge in the business.

During the shareholders' meeting, Huvis reported last year's sales revenue of 927.7 billion KRW, and an operating loss of 71.6 billion KRW. The company also newly appointed Yoon Seok-hwan, IC Director of Samyang Holdings, as a non-executive director and re-elected Kang Chang-hoon as an external director, among other resolutions passed as proposed.

*SVP (Senior Vice President) is equivalent to the Executive Director/Vice President level.