Hanssem Co., Ltd. appointed Eugene Kim as the new CEO to improve profitability and foster a rebound. It has only been a year and a half since former CEO Kim Jin-tae took over the office, brought in to rescue the faltering business. The biggest reason for the CEO change can be attributed to the company losing money despite the former CEO's efforts to revive it.

The new CEO, Kim, is a young female leader in her 40s, who was born in 1981. She is currently the CEO of Able C&C, a cosmetics company, which is operated by IMM Private Equity (PE). IMM PE is the largest shareholder of Hanssem with a 35.4% stake.