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Wednesday, March 29, 2023
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This is where you can find news about owners of mid-sized chaebol and their family members.

Former Korean Air executive questioned due to car accident A member of Hanjin Group tycoon family grabs the headlines once again after being questioned by police this week. This time around, however, it is not about serious charges. Cho Hyun-min, former...
A Seoul court rejects request for an arrest warrant A son of Chong Kun Dang Chairman Rhee Jang-han was arrested on charges of filming sex videos, according to the police on April 2. Chong Kun Dang is one of the...
Did SPC Group try to tame cash-hungry media outlets? A journalist in Korean daily Kyunghyang Shinmun recently wrote an article about a Korean company. Then, the company’s senior official called the Kyunghyang CEO. The former asked the latter to kill the...
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...
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 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...
SK-Group-bets-on-AI

SK Group bets on AI

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...
Chief executives of flag carriers suffer setbacks Heads of Korea’s two flag carriers quit their jobs in two days _ one was ousted, and the other decided to leave the top position amid the uproar over an audit report. Kumho-Asiana Group...
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...
Hanwha heir punished for drug use One of the most-read stories of last month was about Hotel Shilla CEO Lee Boo-jin, who is accused of having taken an addictive drug of propofol, which cannot be administered for recreational purposes. A former...

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