POSCO Group has implemented its annual organizational restructuring and executive reshuffle approximately three weeks earlier than usual. Following a series of safety incidents this year that put the company in crisis, the restructuring prioritizes establishing a safety management system while focusing on global investment, strengthening technological capabilities, and escaping low-profitability structures through business portfolio adjustments.
POSCO Group announced on Thursday that it carried out its 2026 organizational restructuring and executive appointments. "We moved up this year's regular personnel schedule to respond preemptively and accelerate mid-to-long-term business strategy execution amid growing uncertainty in the internal and external business environment," the group said.
First, the company strengthened safety organization systems within core subsidiaries to drive safety innovation. Following the establishment of safety specialist subsidiary POSCO Safety Solution in September, the group created a "Safety, Health and Environment Division" at POSCO and a "Safety Planning Office" at POSCO International (047050.KS).
Dedicated organizations were also established to accelerate global investment and digital transformation (DX). POSCO created a "Strategic Investment Division" to handle overseas investment projects in India, the United States and other markets, aimed at enhancing global investment execution capabilities. POSCO International established an "Energy Division" to strengthen collaboration synergies across the entire LNG value chain from exploration to power generation. The company also merged the DX Promotion Team and Digital Innovation Office into a unified "DX Strategy Office" to concentrate DX capabilities.
POSCO Future M (003670.KS) split its existing Energy Materials Business Division into an "Energy Materials Marketing Division" and an "Energy Materials Production Division." The company also separately established a "DX Promotion Team" to handle corporate digital transformation. POSCO DX (022100.KS) expanded and reorganized its existing IT Business Office to systematically support DX infrastructure construction across group companies.
Following last year's bold generational transition and company-wide executive reduction, POSCO Group cut its executive organization by another 16% this year. Meanwhile, in digital innovation and mid-to-long-term R&D, the group actively identified and deployed young talent born in the 1970s and 1980s.
For the POSCO Safety Planning Office head position, the company plans to recruit an external safety expert with extensive overseas and field experience. Lee Dong-ho, senior advisor to the president for safety, was appointed as head of the Safety Planning Office at POSCO E&C. Lim Chi-hyun, associate professor at Ulsan National Institute of Science and Technology (UNIST), was recruited as head of the Group DX Strategy Office at POSCO Holdings. Yoon Il-yong (born 1977), head of the AI Technology Center at POSCO DX, will lead the AI Robot Convergence Research Institute at POSCO Holdings. Eom Kyung-geun (born 1970), head of the Steel Research Institute, was promoted to head of the Technology Research Institute at POSCO.
Personnel to lead overseas investment project execution were also deployed to forward positions. Cheon Seong-rae, head of the Business Synergy Division at POSCO Holdings, moves to become head of P-India. Jung Seok-mo, head of the Industrial Gas Business Division at POSCO, was promoted to head the Business Synergy Division. Kim Kwang-mu, head of the India Project Promotion Team, will lead the Strategic Investment Division at POSCO.
