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Shinsegae Reportedly Ousted E-Mart, Department Stores CEOs; Replaced Execs Amid Declining Sales

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Kumho Petrochemical heir to join board of directors

Kumho Petrochemical heir to join board of directors ....

South Korea , Cholla Namdo , Lee Jee Yoon , Baek Jong Hoon , Public Procurement Service Administrator Kwon , Korea University , Korea Chemicals Management Association Vice , Chairman Park Chan Koo , Senior Executive Vice President Park Jun Kyung , Education Minister , Park Soon Ae , Kumho Petrochemical , Kumho Tire , Park Ju Hyung , Senior Vice President Park Chul Whan , Senior Executive Vice President Baek ,

Kumho Petrochemical undergoes third-generation succession

Posted : 2021-07-06 08:57
By Kim Hyun-bin
Kumho Petrochemical may be starting to undergo a generational succession after Group Chairman Park Chan-koo stepped down from his positions as CEO and board member of the group s core affiliate. Industry watchers believe a succession is starting to take place as the chairman s children are moving swiftly up the ranks within the conglomerate.
However, there is a key obstacle standing in the way of the transition: although shareholders have backed the chairman to maintain management control, his nephew, Park Chul-wan, led the so-called nephew s revolt earlier this year.
Chul-wan is the son of late Kumho Group Chairman Park Jeong-koo, who was the older brother of current Chairman Park Chan-koo. ....

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