Nongshim Appoints Cho Yong-chul as CEO—Third-Generation Owner Shin Sang-yeol Promoted to Executive Vice President

(Seoul=Yonhap Infomax) Pil Joong Jeong = Nongshim Co. [004370], South Korea's leading instant noodle maker, announced on the 21st that it has nominated Cho Yong-chul, currently Executive Vice President and Head of Sales, as its new Chief Executive Officer.

Cho is expected to be officially appointed following approval at the annual general shareholders' meeting scheduled for March next year.

Cho joined Samsung C&T Corp. in 1987 and later held key roles at Samsung Electronics Co., including Head of Global Marketing, Head of Southeast Asia Marketing, and President of the Thailand subsidiary.

He joined Nongshim in 2019 as Executive Director of Marketing, was promoted to Executive Vice President in 2022, and has overseen both domestic and international sales since being appointed Head of Sales in 2025.

Meanwhile, Shin Sang-yeol, currently Executive Director and Head of Future Business, will be promoted to Executive Vice President effective January 1 next year.

A Nongshim official stated, "We have appointed a global expert with extensive overseas market experience and on-the-ground insight as CEO," adding, "We aim to respond to rapidly changing global trends and establish a sustainable foundation for future growth in line with global standards."

joongjp@yna.co.kr

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