Chairman Woo is board members of 32 SM affiliates
Most people may not know much about SM Group, a mid-tier Korean conglomerate that has gained weight through proactive mergers and acquisitions (M&A).
When it comes to control of subsidiaries by a...
Korea's top carrier to stop serving peanuts
It seems that not a single day goes by without Korean Air making headlines. This time around, it is about peanuts, with which the country’s flag carrier has some history.
The Seoul-based company announced...
Chairman Chey will double as chair of SK Telecom
South Korea’s tech giants like Samsung and LG have been pulled out all the stops to preempt the AI market. And now, brick-and-mortar outfits like SK and Hyundai Motor also join...
Chairman Lee hae-wook facing prosecution
Daelim Industrial Group Chairman Lee Hae-wook seems to be having a rough first year as head of the construction conglomerate headquartered in Seoul.
Korea’s anti-trust watchdog said earlier this month that it was fining Daelim Industrial...
Chairman Cho dies at age of 70
Hanjin Group Chairman Cho Yang-ho died from a chronic ailment in Los Angeles, the conglomerate said on April 8. The tycoon, who has led the world’s top-tier transportation conglomerate for the last two...
Youngest Cho comes back to management to make a stir
Only a day after Hanjin Group confirmed the return of Cho Hyun-min, an heiress of the conglomerate, to management positions, requests for her resignation sprang up across the board.
On June...
Shareholders vote against Cho's re-appointment
Scandal-hit Hanjin Group Chairman Cho Yang-ho was forced off the boardroom of the group’s iconic subsidiary Korean Air as the company’s shareholders voted against his re-appointment as director on March 27.
In a proxy war involving...
NPS flexes muscle in shareholders' meetings
After Hanjin Chairman Cho Yang-ho was ousted from the board of the group’s top affiliate Korean Air, watchers come up with analysis on who is the next victim of the National Pension Service (NPS).
The...
The Seoul Central District Court postpones the date to April 17
The ruling on former DB Group Chairman Kim Jun-ki was delayed to April 17. Late last year, the 75-year-old tycoon is arrested for charges over alleged sexual assaults.
The Seoul...
Chairman Cho may have to face proxy war: watchers
Hanjin Group Chairman Cho Won-tae might have to struggle to maintain his leadership over Korea’s 13th-largest conglomerate in the face of challenges from major shareholders, including his own family.
Chairman Cho reportedly...
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