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Home > Sustainability Mangement > Governance

Governance

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Subcommittee under BOD

Coway operates one committee as part of the Board of Directors in order to improve the efficiency of business management activity.


Management Committee

The Management Committee operates under the supervision of the CEO. This is a decision-making group on certain aspects such as small scale investment for efficient business operation and prompt decision-making, and it consists of 3 individuals, appointed by the Board of Directors, including the CEO. In 2015, about 40 agendas were discussed and approved regarding management, compensation, finance, and investment. These agendas include the approval of water environment business contract conclusion, the increase of the working budget for IoT business, the approval of critical change in executive treatment and working conditions, the new establishment of the research committee system for research group, etc

Major Steps of Decision-making

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