Korea Glass Industry Co., Ltd. / Appointed President Lee Yong-seong as new CEO

Declare the determination to actively respond to the changing market

Korea Glass Industry Co., Ltd., a glass company, has appointed former Dow Corning Korea CEO Lee Yong-seong as the new CEO.

Korea Glass Industry officially announced the inauguration of the new CEO at the 58th regular general shareholders' meeting held at the Bank Hall in Jung-gu, Seoul on the 21st.

Born in 1966 and graduating from Incheon High School and Hanyang University Business Administration, CEO Lee Yong-seong worked for Dow Corning's headquarters in the United States and overseas branches in Japan and Australia, including Korea, for about 22 years. He has served as the Director of the Board of Directors.

With experience and expertise in the field of construction materials, CEO Lee Yong-seong is evaluated as a suitable person to make a new breakthrough in the stagnant construction market of Korea Glass Industry, which is preparing for a new leap in 2014.

In recent years, many construction and construction materials companies are going through a difficult time as negative factors such as a decrease in construction orders and a contraction in real estate transactions overlap. Hanglas took the appointment of Lee Yong-seong as the new CEO in front of the shareholders and institutional investors at the shareholders' meeting held on the same day as the starting point for Hanglass's new leap forward, and pledged to do its best to revitalize the market and increase sales in the future as a leading company in the glass industry. .

At the general meeting of shareholders on the same day, CEO Lee Yong-seong said, “Recently, the construction materials industry is going through a difficult time due to the overall slump in the construction economy, but it is expected that there will be various opportunities this year due to the easing of various regulations.” Based on our technology, we will actively respond to the rapidly changing market this year through diversification of distribution channels and expansion of new sales networks.”

Meanwhile, Korea Glass Industry is an industry leader representing the Korean glass industry. In addition to energy-saving architectural glass such as low-e glass products such as Planisum and Coollight series, SPG BIPV, a glass product that can generate its own electricity, and safety glass for shower booths, Lamylite Aqua It is taking the lead in the development of technology-intensive glass.

Inquiries: 02-3706-9337

Biography of Yong-Sung Lee, the new CEO

Name: LEE YongSung

Year of Birth: Born in 1966 (age 48)

- Education -

Graduated from Incheon High School in February 1985

1992.2 Graduated from the Department of Business Administration, Hanyang University (Bachelor of Business Administration)

- career -

December 1991 Dow Corning Korea (50:50 JV with LG Chemical) Finance Division

Joined Lucky Co., Ltd./LG Fine Chemicals Planning and Management Team

January 1996 Dow Corning Asia Manufacturing and Supply Chain System Manager, Sydney

March 1999 Dow Corning Asia Planning & Evaluation Manager, Tokyo

Feb. 2002 Business Controller/Core & Commodity Product Line, Michigan Headquarters

May 2005 Dow Corning Architectural Silicone Global Strategic Marketer, Michigan Headquarters

December 2006 Dow Corning Architectural Silicones Global Marketing Manager, Michigan Headquarters

June 2008 Dow Corning Architectural Silicon Global Commercial Manager Michigan Headquarters

Jul. 2009 Dow Corning New Business Development Manager Director, Dow Corning Korea

January 2010 Asia Solar Business Division Leader Dow Corning Korea Managing Director

November 2011 President and CEO of Dow Corning Korea

Managing Director Dow Corning Korea Holding BV

Dow Corning Australia and New Zealand BOD Member

March 2014 ~ CEO of Korea Glass Industry Co., Ltd.