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The Korea Herald > Business > Management

Lotte likely to unveil governance shakeup plan next week: sources

South Korean retail conglomerate Lotte Group is likely to unveil a series of steps next week to simplify its complicated governance structure, which may include split-ups or mergers of key affiliates,...

Updated : 2017.04.21 11:07

GS to prepare for the future amid growing uncertainties

GS Group chairman Huh Chang-soo, who is also the chairman of the Federation of Korean Industries, participated in the group’s quarterly board meeting on Wednesday and emphasized on the need to prepar...

Updated : 2017.04.19 16:26

[Superich] Samsung’s first lady steps down from public posts

The lady of the Samsung family Hong Ra-hee, 72, resigned last week from her position as the director of Leeum Samsung Museum of Art for personal reasons. The decision astounded the business and art co...

Updated : 2017.03.16 17:35

[Super Rich] Superrich doctors take scalpel to old management

“The reluctant executive” was how Forbes magazine described Shin Chang-jae, the chairman of Kyobo Life Insurance, in a cover story in 2010. Despite being the firstborn son of Kyobo Life founder Shin...

Updated : 2016.09.29 17:22

[DECODED] SK runs on harmonious kinship, so far

At key SK companies, men surnamed Choi or Chey hold prominent management positions. Most of them are the offspring of the late SK Group founder Choi Jong-kun and relatives of current Chairman Chey Tae...

Updated : 2016.09.27 17:28

[DECODED] Chey's control tightens at SK

The way SK Group reorganized its whopping 88 affiliates and subsidiaries into a holding company structure -- billed as an advanced model of multi-company governance -- is a subject of fervent study by...

Updated : 2016.09.27 17:25

[DECODED] Chey leads SK’s global search for growth

The chief executives of key SK companies have been busy doing homework lately. In front of SK Group Chairman Chey Tae-won and his fellow CEOs, they have to make a presentation next month on ways to fu...

Updated : 2016.09.26 17:27

[DECODED] Who is Chey Tae-won?

If the life story of SK Group Chairman Chey Tae-won is ever to be made into a film or TV drama, it would be a mash-up of genres -- romance, corporate and even courtroom drama. A 20-something Chey has ...

Updated : 2016.09.26 15:52

[Super Rich] Chaebol modelling for own business

Instead of hiring glamorous TV stars, some Korean superrich have opted to model for their own business in print or on TV. Commercials featuring big bosses tend to give audience a sense of trustworthin...

Updated : 2016.09.22 16:33

[Super Rich] Hur Young-in, Korea’s undisputed bread king

A mega hit Korean television drama “Bread, Love and Dreams” in 2010 features a Korean bakery chaebol’s illegitimate child overcoming all varieties of hardships with passion to make quality bread. A...

Updated : 2016.09.22 16:28

Nexon Japan’s major shareholders are at tax havens: Chaebul.com

[THE INVESTOR] Many of Nexon Japan’s major shareholders were found to be offshore firms located in tax havens, according to data from conglomerate tracker Chaebul.com on July 27. In addition, a local...

Updated : 2016.07.27 13:59

Park Sam-koo out to rebuild Kumho Asiana Group

[THE INVESTOR] Kumho Asiana Group chairman Park Sam-koo is seeking to buy back Kumho Buslines that was sold to a private equity fund in 2015 in a move to rebuild the company. Park is also said to be ...

Updated : 2016.07.25 11:31

Chaebols contribute less on job growth: report

[THE INVESTOR] South Korea’s top five conglomerates have grown even bigger in terms of assets they hold and revenue they produce in the past three years, but their contribution to creating new jobs i...

Updated : 2016.07.24 15:33

Samsung chairman Lee Kun-hee mired in sex scandal

[THE INVESTOR] Korean news outlet NewsTapa reported on July 21 that Samsung Group chairman Lee Kun-hee has been paying for sex for years.NewsTapa aired video clips showing a group of women enter a hou...

Updated : 2016.07.22 14:09

Hyosung’s Cho Hyun-joon leadership facing legal obstacles

[THE INVESTOR] Hyosung Group’s next-in-line Cho Hyun-joon, must mount a major legal hurdle as he makes his way to the top: his brother. In January, a lower court placed him under probation for embe...

Updated : 2016.07.22 09:56