Newsletter

National Assembly Passes Corporate Restructuring and Financial Companies Governance Acts

The National Assembly Passes Corporate Restructuring and Financial Company Governance Acts On a recent session, the National Assembly approved the Corporate Restructuring Promotion Act and the Financial Company Governance Structure Act. These legislative measures aim to support companies experiencing financial difficulties and to enhance the internal control of financial institutions. Corporate Restructuring Promotion Act The […]

LG CEO Koo Kwang-mo Initiates Generational Change and Reorganization – Vice Chairman and Presidents Resign, and New Executives Promoted

LG CEO Koo Kwang-mo Implements Generational Change In his sixth year as CEO, Koo Kwang-mo has bolstered LG’s leadership with a reorganization emphasizing ‘generational change’ and ‘future preparedness’ within the company. Key Resignations and Promotions Notable changes within LG include the resignations of Vice Chairman Kwon Young-soo and President Jeong Ho-young, who have been leaders […]

OpenAI Drama Ends: Sam Altman Returns as CEO and Opens New Chapter with Microsoft

OpenAI Appoints Sam Altman as CEO and Reorganizes Board of Directors After a business war drama that lasted over the past weekend, OpenAI’s board of directors has agreed “in principle” to the return of former CEO Sam Altman and plans to reorganize the board. Altman’s decision to join Microsoft was made with the intention of […]

Former CEO Sam Altman Set to Return to OpenAI After Board Reorganization

OpenAI Board Reorganizes, Sam Altman Returns as CEO After a week-long business war, OpenAI’s board of directors has agreed “in principle” to the return of former CEO Sam Altman and will undergo a reorganization. Altman’s decision to join Microsoft was made with the goal of preserving the OpenAI team and its mission, and now with […]

Ultraman Returns: Open AI Announces Reinstatement of CEO Sam Altman

Ultraman Returns as Open AI CEO Open AI, the renowned AI technology company, has made a surprising announcement regarding the reinstatement of its former CEO, Sam Altman, affectionately known as Ultraman. The decision comes amidst a tumultuous period for the organization, which saw Altman being abruptly dismissed by the board of directors on the 17th […]

Pressure Builds to Reinstate Sam Altman as OpenAI CEO

Former OpenAI CEO Sam Altman Visits San Francisco Headquarters On November 20th at approximately 5:00 Beijing time, Sam Altman, the former CEO of OpenAI, made an appearance at the company’s headquarters in San Francisco, as evidenced by a social media post. Altman was seen wearing an OpenAI visitor badge during his visit. Recent reports from […]

OpenAI Board Considers Reinstating Sam Altman as CEO After Abrupt Firing

Rewrite text Shortly after OpenAI’s board of directors abruptly fired original CEO Sam Altman for “inconsistent lack of confidence in the communication process”, related news claimed that OpenAI’s board of directors is once again debating whether to return Sam Altman to the position of CEO Executive Officer. After sudden firing, OpenAI board wants Sam Altman […]