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Tuesday, April 20, 2021
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This is where you can find news about chaebol owners and their family members.

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...
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 Chey's grip on SK feared to weaken Dec. 3 marked the 59th birthday of SK Group Chairman Chey Tae-won, who has spearheaded South Korea’s third-largest conglomerate over the past 20 years. The 59-year-old tycoon would have been happy with many...
First son fares well; two others languish Hanwha Group announced this week that Kim Dong-kwan had been promoted as the vice president of the conglomerate’s subsidiary, Hanwha Q Cells and Advanced Materials. He is the eldest son of Hanwha Group Chairman...
Why SK Chairman Chey Tae-won runs risks When SK Group founder Chey Jong-kun died of lung cancer in 1973 at the age of 47, his younger brother Chey Jong-hyon took over instead of young sons of the former. A quarter-century later,...
Customs agency raids HDC Shilla Hotel Shilla CEO Lee Boo-jin suffers another setback as the Korea Customs Service raided HDC Shilla Duty Free, a joint venture between the hotel operator and Hyundai Development Company (HDC). The billionaire businesswoman, also the eldest...
Chaebol owners worry about chief prosecutor nominee Earlier this week, South Korean President Moon Jae-in tapped Yoon Seok-youl to lead the country’s prosecution, thus causing mixed response from rival parties. Opposition parties seem to be unhappy with the reformist prosecutor, who...
Vice Chairman Lee warns of crisis Samsung Vice Chairman Lee Jae-yong, the de facto chief of Korea’s leading conglomerate, sounds like his bed-ridden father, Chairman Lee Kun-hee, in requesting a “sense of crisis.” Samsung Electronics said June 16 that Vice Chairman...
Lee, Cho get suspended jail terms It seems that not a single day goes by without Hanjin Group family members grabbing headlines. This time around, its about the mother and sister of Hanjin Chairman Cho Won-tae. The two have been on...
Police expand propofol investigation The police are focusing on investigations over a surgeon and two nurses of a cosmetic clinic in Seoul as they are suspected of having administered an addictive drug to Hotel Shilla CEO Lee Boo-jin. The Seoul Metropolitan...

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