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KEPCO picks acting president as Kim quits

Nov. 16, 2012 - 20:20 By Korea Herald
The Korea Power Electric Corp.selected its executive vice president Cho In-kook as acting president of the state-run power supplier, company officials said on Friday.

The appointment was made one day after CEO and president Kim Joong-kyum left the company. Kim submitted his resignation earlier this month allegedly due to his conflicts with the government over energy policies.

The company said it shifted into a crisis-management mode as the post of president remains vacant. Company officials said the meeting of shareholders to elect a new KEPCO chief is slated for Dec. 17.

(jyseo@heraldcorp.com)