Metals and Mining
Company Overview of POSCO
POSCO manufactures and sells steel rolled products and plates in South Korea. Its Steel segment offers cold rolled and hot rolled products, plates, wire rods, silicon steel sheets, and stainless steel products; and pig iron, billets, blooms, and slabs. The company’s Trading segment exports and imports iron and steel, raw materials for steel production, non-ferrous metals, chemicals, automotive parts, machinery and plant equipment, electronics products, agricultural commodities, and textiles; manufactures and sells textiles; and operates a department store. Its Construction segment constructs industrial plants, civil engineering projects, and commercial and residential buildings. The company’...
Founded in 1968
Key Executives for POSCO
Chief Executive Officer, Inside Director and Chairman of Executive Management Committee
Total Annual Compensation: $1.1B
President, Head of Steel Production Division, Inside Director, Member of Executive Management Committee, Member of Director Candidate Recommendation Committee and Chief Executive Officer of Posco Chemtech
Total Annual Compensation: $700.0M
Chief Financial and Planning Officer, Senior Executive Vice President, Head of Finance & Investment Division, Inside Director, Member of Executive Management Committee and Member of Finance & Operation Committee
Total Annual Compensation: $598.0M
Senior Executive Vice President, Head of Steel Business Division and Member of Executive Management Committee
Total Annual Compensation: $692.0M
Head of Corporate Infrastructure Division, Senior Executive Vice President, Inside Director, Member of Executive Management Committee and Member of Finance & Operation Committee
Total Annual Compensation: $595.0M
Compensation as of Fiscal Year 2014.
POSCO Key Developments
Yoon, Dong-Jun Resigns as POSCO Senior Executive Vice President
Jul 27 15
Yoon, Dong-Jun resigned as POSCO's senior executive vice president on July 20, 2015.
POSCO Reports Consolidated Earnings Results for the Second Quarter Ended June 30, 2015; Provides Parent and Consolidated Revenue Guidance for the Year 2015
Jul 15 15
POSCO reported consolidated earnings results for the second quarter ended June 30, 2015. For the quarter, the company reported revenues of KRW 15,189 billion compared to KRW 16,704 billion a year ago. Operating profit was KRW 686 billion compared to KRW 839 billion a year ago. Net profit was KRW 117 billion compared to KRW 487 billion a year ago. Net profit in the April-June period plunged 76% on-year due to a global slump and losses among its subsidiaries.
For the fiscal year 2015, on parent basis, the company expects revenue of KRW 27.7 trillion.
For the fiscal year 2015, on consolidated basis, the company expects revenue of KRW 63.9 trillion.
POSCO to Report Q2, 2015 Results on Jul 15, 2015
Jul 13 15
POSCO announced that they will report Q2, 2015 results at 4:00 PM, Korea Standard Time on Jul 15, 2015
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