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Songwon Industrial appoints Dongbaek Park as its new chairman

Songwon Industrial appoints Dongbaek Park as its new chairman
Photo courtesy of Songwon Industrial

Songwon Industrial Co., Ltd., today announced the appointment of Dongbaek Park as a new outside director of the Board of Directors at  Songwon’s Annual General Shareholders’ Meeting held in Ulsan, Korea, on March 18. Subsequently, the Board of Directors appointed Park as Songwon’s  new chairman.

Born in South Korea in 1944, Park has extensive experience in the global chemical  industry. Before retiring in 2014, he worked for many years for Songwon Industrial Group in  various senior management positions. 

Park takes over from the previous chairman, Jongho Park, who will continue to serve  as a member of the Board of Directors. 

“We are very pleased to have Dongbek Park join us as chairman of our Board,” said Jongho Park, CEO and former chairman. “We welcome his  broad background and vast experience in the industry, which will allow us to further strengthen  the Songwon Group.”  

Songwon’s Board of Directors now consists of four Directors: Dongbek Park, newly elected  chairman and outside director, as well as the three executive board members and inside directors,  Jongho Park, Hans-Peter Wüest and Choung-Sik Kim.  

Songwon’s Board of Directors thanks the former members of the Board, Dieter Morath,  Markus Oppliger and Gerhard Schlosser for their many years of dedication and commitment  to Songwon.

Headquartered in South Korea, Songwon is the second largest manufacturer of polymer  stabilizers worldwide and offers a very broad range of specialty chemicals. Songwon provides chemical products for a wide variety of sectors and industries, including packaging, automotive, building & construction, agriculture, textiles and fibers, coatings, adhesives, durable & consumer goods, lubricants, and electric and electronic industries.