LOTTE rental is still transforming for
customer’s better life.
Lotte Rental is aiming to raise corporate value and maximize shareholder value under the management policy of transparent management by composing the board of directors and the committee.
Board Composition
-
CEO(Board Chair)
Choi, Jinhwan
Date of Appointment : 2023.03.23
Office Term : Until 2025 general shareholders meeting
Major Career :
- CEO of LOTTE RENTAL Co,.Ltd
- Former CEO of SK Broadband Co,.Ltd
- Former CEO of ADT CAPs Co.,Ltd
- Former CEO of Hyundai Life Insurance Co.,Ltd
-
Inside Director
Lee, Jangsup
Date of Appointment : 2023.03.23
Office Term : Until 2025 general shareholders meeting
Major Career :
- Director, Planning Division,
LOTTE RENTAL Co.,Ltd - Former Director, Finance Division,
LOTTE RENTAL Co.,Ltd
- Director, Planning Division,
-
Outside Director
Yoo, Seungweon
Date of Appointment : 2021.05.28 (reappointment)
Office Term : Until 2025 general shareholders meeting
Major Career :
- Professor of Accounting,
Korea University Business School - Former President of the Korea
Accounting Association - Former Outside Director of KB Kookmin Bank
- Former Assistant Professor, The Hong Kong
University of Science and Technology
- Professor of Accounting,
-
Outside Director
Lee, Yoonjung
Date of Appointment : 2021.05.28 (reappointment)
Office Term : Until 2025 general shareholders meeting
Major Career :
- CEO of Le Creuset Korea Ltd.
- Director of Women corporate directors
- Former Vice President of Global Marketing, Samsung Electronics Co. Ltd. Visual Display Division
- Former Marketing Director of S.C. Johnson & Son Inc.
-
Outside Director
Choi, Jungwook
Date of Appointment : 2024.03.26
Office Term : Until 2026 general shareholders meeting
Major Career :
- President of BnH Tax Services Company
- Former Commissioner, NTS Incheon Regional Office
- Former Assistant Commissioner for National Census Bureau, NTS
- Former Assistant Commissioner for Collection & Legal Affairs Bureau, NTS
-
Other Non Executive
DirectorChoi, Youngjun
Date of Appointment : 2024.03.26
Office Term : Until 2025 general shareholders meeting
Major Career :
- Team Leader of Finance 2nd Team of LOTTE Corporation
- Former Head of Shopping Finance Division, Distribution HQ, Lotte Group
- Former Head of the Financial Supervisory Division, Lotte Shopping
- Former Head of Finance 1nd Division, Lotte Shopping
Process of Electing Outside Directors
Board Evaluation
Evaluation Frequency
The board conducts an annual evaluation of its operations and those of its committees.
Evaluation Subjects, Method, Criteria
The evaluation criteria
include Board Roles and Responsibilities, Board Structure, Board Operations, Committee, and
Board Evaluation and Improvement.
The evaluation is carried out using a 5
point scale, where each outside director conducts a self assessment using
a board evaluation diagnosis form.
Evaluation Results
Year of 2024
| Overall Score | Board Roles and Responsibilities | Board Structure | Board Operations | Committee | Board Evaluation and Improvement |
|---|---|---|---|---|---|
| 4.95 | 5 | 4.83 | 4.94 | 4.98 | 5 |
Board Committees
| Committee | Name | Classification | Appointment Date | Office Term |
|---|---|---|---|---|
| Audit Committee |
Yoo, Seungweon (Chariman) |
Outside Director | 2021.05.28 | Until 2025 general shareholders meeting |
| Choi, Jungwook | Outside Director | 2024.03.26 | Until 2026 general shareholders meeting |
|
| Outside Director Candidate Nomination Committee |
Lee, Yoonjung (Chariman) |
Outside Director | 2021.05.28 | Until 2025 general shareholders meeting |
| Choi, Jungwook | Outside Director | 2024.03.26 | Until 2026 general shareholders meeting |
|
| Compensation Committee |
Choi, Jungwook (Chariman) |
Outside Director | 2024.03.26 | Until 2026 general shareholders meeting |
| Lee, Yoonjung | Outside Director | 2021.05.28 | Until 2025 general shareholders meeting |
|
| ESG Committee | Yoo, Seungweon (Chariman) |
Outside Director | 2021.09.27 | Until 2025 general shareholders meeting |
| Choi, Jungwook | Outside Director | 2024.10.24 | Until 2026 general shareholders meeting |
|
| Lee, Jangsup | Outside Director | 2024.03.26 | Until 2025 general shareholders meeting |
|
| Transparent Management Committee |
Lee, Yoonjung | Outside Director | 2024.03.26 | Until 2025 general shareholders meeting |
| Yoo, Seungweon | Outside Director | 2021.05.28 | Until 2025 general shareholders meeting |
|
| Choi, Jungwook | Outside Director | 2024.03.26 | Until 2026 general shareholders meeting |
Major Activities of the Quarterly Board of Directors and Committees
- 2025
- 2024
- 2023
- 2022
- 2021
- 2020
- 2019
- 2018
- 2017
