SEOUL, Jan. 16 (Korea Bizwire) — When it comes to buying stocks in South Korea’s family-run conglomerates, reading numbers on balance sheets may not be enough to predict their performance. What the owner family does often matters more. As several of such business groups, called chaebols locally, are preparing for managerial transfers to the third [...]
SEOUL, Jan. 8 (Korea Bizwire) – The offspring of South Korean business group founders have been fast-tracked up the corporate ladder, many of them becoming executives in their early 30s, data from a business research firm showed Thursday. According to CEO Score, 44 such children, mostly third or fourth-generation family members of company founders, were [...]
SEOUL, Dec. 31 (Korea Bizwire) — A family member of the former Korean Air Lines Co. executive at the center of the “nut rage” scandal came under fire on Wednesday after prosecutors revealed a text message in which she promised to “take revenge” on behalf of her sister. Cho Hyun-min promised her sister Hyun-ah she [...]
SEOUL, Aug. 27 (Korea Bizwire) — Chey Min-jeong, 23-year-old daughter of SK Group chairman Chey Tae-won, has drawn public attention by applying for an officer spot in the Navy. This is the first time for a daughter of Korea’s chaebol family to volunteer for military service. After conducting an interview and physical examination last month, she [...]