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Improvement of management transparency (Operation of individual entities)
GO Element operates the Ethical Practice Secretariat and the Board of Directors to improve its management transparency.
The Ethical Practice Secretariat takes charge of ensuring transparent and ethical management by continuously monitoring—both internally and externally—the compliance of the company’s code of ethics among the employees, including the CEO.
The Board of Directors appoints inside and outside directors through a transparent and fair process, in which the appointment is resolved at the annual general meeting.
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Independence of the Board of Directors
GO Element operates the Board of Directors under the laws, regulations, and internal rules. As the crucial decision-maker of the company, the Board of Directors keeps the CEO in check by maintaining a board attendance rate of at least 90%.
Furthermore, the independence of the Board of Directors was further reinforced by securing at least 50% of outside directors.
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Expertise of the Board of Directors
GO Element’s Board of Directors is composed of experts with rich experience and expertise in each field. Each director participates in major decision-making based on their expertise and works to improve the company value and secure credibility from the market and stakeholders.
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Continuous internal controls
GO Element adopted the internal financial controls system to improve governance transparency through continuous internal controls. Accordingly, we formulated rules for both the Board of Directors and internal financial controls.
Furthermore, we continue to disclose any instances of insider trading among employees, including the Board of Directors. We strive to prevent unfair transactions by monitoring amendments to laws and regulations.
Composition of the Board of Directors
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CEO Shin
Hyeon-guk- B.A. in Chemistry, Chung-Ang University
- Master's degree, Wayne State University
- Ph. D. degree, University of New Mexico
- University of Houston
- Former researcher at the semiconductor research institute of Samsung Electronics
- Former researcher at the semiconductor research institute of Samsung Electronics
- Former CEO of UP Chemical Co., Ltd.
- CEO of GO Element Co., Ltd.
- Specially appointed professor at Chung-Ang University
- Member of the National Academy of Engineering of Korea
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Inside director Kim
Dae-hyeon- B.A. in Metallic Materials, Hongik University
- Formerly served at Swagelok Korea
- Vice President of GO Element Co., Ltd
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Outside director Hong
Sang-jin- Former professor at the Department of Electronics Engineering, Myongji University
- Former head of Myongji University Semiconductor Fabrication Diagnosis Research Institute
- Executive at The Korea Society of Semiconductor & Display Technology
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Outside director Kim
Won-shik- B.A. in International Trade, Sungkyunkwan University
- Former Director General of Investigation at the Financial Supervisory Service
- Former full-time vice-chairman of the KOSDAQ Listed Companies Association
- Former auditor at INNOX Advanced Materials
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Auditor Park
Sang-gyu- President (16th) of Chung-Ang University
- B.A. in Statistics, Chung-Ang University
- Ph. D. in Statistics, State University of New York
Organizational Chart
