[News Space=Reporter seungwon lee] Regarding the promotion of Shinsegae Group CEO Jeong Yoo-kyung to chairman on October 30, the Korea CXO Research Institute (Director Oh Il-sun), a corporate analysis specialist, stated that she is the first female chairman among major domestic corporations born after 1970. The CXO Research Institute announced in September that it had surveyed 200 major domestic conglomerates and 60 major mid-sized companies in terms of the number of chairmen born after 1970, and that there were 31 of them. All 31 chairmen surveyed were male. With the promotion of CEO Jung Yoo
[News Space=Reporter seungwon lee] Adidas Korea CEO Peter Kwak (Kwak Geun-yeop), who is suspected of abusing franchisees, was criticized by both ruling and opposition party lawmakers for his insincere attitude during the National Assembly’s State Affairs Committee’s state audit. In particular, CEO Peter Kwak, who spoke fluent Korean during last year’s state audit, brought an interpreter and gave answers in English this year, drawing criticism from both ruling and opposition party lawmakers. At the National Assembly’s State Affairs Committee’s state audit of the Fair Trade Commission and other
[News Space=Reporter seungwon lee] The first trial of a lawsuit filed by a former KT&G researcher claiming that he did not receive fair compensation for developing the world's first internally heated electronic cigarette but was sued by the company for trillions of won in damages was held on the 17th. In response, KT&G claimed that the employee's claim that he "did not receive compensation" is against the agreement, so a legal battle is expected. The employee claimed that he had invented the world's first electronic cigarette technology but had not received compensation from the compan
[News Space=Reporter seungwon lee] September 19th is the 56th birthday of Shinsegae Group Chairman Chung Yong-jin. It is his first birthday since taking office as chairman. It is his first promotion in 18 years since 2006. To celebrate his birthday, let’s share meaningful, fun, and interesting stories related to Chairman Chung Yong-jin. On September 19, 1968, the day he was born, Seoul experienced an unusually high temperature, and the entire country soared to a high of 31.4 degrees, 6 degrees higher than the average. Even after 50 years, the weather conditions are similar. The major articles
[News Space=Reporter seungwon lee] It was revealed that ABC Mart (ABC Mart Korea), the number one shoe retailer in Korea, paid 43.8 billion won to its Japanese headquarters over the past six years in the name of royalties. The largest shareholder of ABC Mart Korea is Japan-based ABC Mart.INC, which owns 99.96% of the shares. The remaining 0.04% is owned by Lee Ki-ho, CEO of ABC Mart Korea. According to the six-year audit report of the Financial Supervisory Service's electronic disclosure system on the 20th, out of the profits earned from Korean consumers in Korea, 6.4 billion won to 8.2 billio
[News Space=Reporter seungwon lee] Even in the global world, the brilliant performance of founders and CEOs born in the 60s to 80s is notable, as is the case in Korea. The same goes for the United States, which leads the world's big tech. Looking at the ages of representative Big Tech CEOs or founders in the US, Elon Musk, the world's richest businessman and a global corporate president pursuing business in all areas of space (heaven), earth, and underground, was born in 1971; Mark Zuckerberg, CEO of Meta Group who created a social media sensation with Facebook and Instagram, was born in 1984;
[News Space=Reporter seungwon lee] It has been reported that SG Dinehill (CEO Park Young-sik) is in a state of capital erosion, having recorded operating losses and net losses for two consecutive years. According to the audit report of the Financial Supervisory Service's electronic disclosure system on the 16th, as of the financial statement date (March 25, 2024), the company's current liabilities are 4.6 billion won more than its current assets, indicating capital impairment. The traditional Korean restaurant Samwon Garden was founded in 1976 by Park Soo-nam, the father of LPGA professional g
[News Space=Reporter seungwon lee] There was a time when the 386 generation was the mainstream of the world. After that, the novel and movie "Kim Ji-young, Born 1982" had a big impact on the public, and even the book "The 90s Are Coming" contained the worries and pains of contemporary people across generations. There was even a saying among office workers that "The 90s are coming, the 70s are crying." The first generation of Korean conglomerates, including Lee Byung-chul (1910), Chung Ju-young (1915), Koo In-hoe (1907), Cho Hong-je (1906), Shin Kyuk-ho (1922), and Park Tae-joon (1927), were th
[News Space=Reporter seungwon lee] Despite the fact that the operating profit and net profit of German luxury kitchen brand Fissler Korea (CEO Lee Gyeong-woo) plunged by 65% and 79% last year, respectively, it was revealed that it paid out 7 billion won in dividends over the past two years. Whistler Korea is a company that imports and sells all kitchen appliances necessary for cooking, including pressure cookers, pots, pans, cooktops, knives, cutlery, and cooking utensils. According to the Financial Supervisory Service’s electronic disclosure system on the 25th, Whistler Korea’s operating pr
[News Space=Reporter seungwon lee] Disamobili (CEO Choi Dong-yeol), a company specializing in importing and selling luxury imported furniture, was found to have paid out 16 billion won in dividends over the past six years, despite a decrease in sales, operating profit, and net profit last year. Disamobili, which has been introducing world-class European luxury furniture, has established itself as a top company in the domestic imported furniture industry by presenting brands such as Poliform and Moroso from Italy, Ligne Roset, Erpo, Cierre, and Artisan from France, and Bosse, RENZ, and TRECA fr