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Chaebol Offspring Land Executive Positions Just 5 Years After Joining Their Parents’ Companies

Chaebol Offspring Land Executive Positions Just 5 Years After Joining Their Parents’ Companies

SEOUL, Jan. 14 (Korea Bizwire) — The offspring of South Korean business group founders are typically promoted to executive positions within five years of joining their parents’ companies, a business research firm showed Wednesday. On average, it took 14.1 years for them to become presidents after starting out. It took an average of 4.8 years [...]