SEOUL, Jan. 17 (Korea Bizwire) — The chairman of major South Korean real estate developer HDC Hyundai Development Co. offered to step down Monday to take responsibility for a recent accident at its construction site that left one worker dead and five others missing. Chung Mong-gyu made the statement six days after part of the [...]
SOUTHBOROUGH, Mass., Jan. 4 (Korea Bizwire) – Virtusa Corporation today announced the appointment of Rajeev (Raj) Mehta as its new Chairman of the Board of Directors. Raj brings a wealth of industry knowledge, business acumen, and strategic thinking to Virtusa’s Board of Directors. He has held several leadership positions, including a lauded tenure as President of Cognizant, [...]
SEOUL, May 4 (Korea Bizwire) — The embattled chairman of Namyang Dairy Products Co. on Tuesday offered to resign from the post as he apologized for causing a misunderstanding about the company’s popular yogurt drink, with claims that it can prevent COVID-19 infections. “I will step down from the chairmanship by taking all the responsibility,” [...]
SEOUL, March 12 (Korea Bizwire) — POSCO Chairman Choi Jeong-woo won a second term to lead the South Korean steel giant for another three years, POSCO said Friday. The decision at the company’s annual shareholders meeting came as POSCO has been pushing to boost production capacity of key components for electric vehicle batteries as part [...]
SEOUL, Oct. 27 (Korea Bizwire) — Speculation is growing over when Samsung Electronics Vice Chairman Lee Jae-yong would take the position of chairman in South Korea’s largest conglomerate following his father’s death, industry insiders said Tuesday, though the heir has already been recognized as the tech giant’s de facto leader. His father and a longtime [...]
VANCOUVER, British Columbia, Aug. 13 (Korea Bizwire) — Today, General Fusion announced the appointment of Klaas de Boer as Chairman of its Board of Directors. This appointment coincides with the arrival of new institutional investors backing the Company’s program to commercialize practical fusion energy. This program includes constructing a Fusion Demonstration Plant, which will showcase [...]
SEOUL, Mar. 28 (Korea Bizwire) — Kumho-Asiana Group said Thursday its chairman will resign from key managerial posts, holding himself responsible for the recent controversy over an audit report for Asiana Airlines Inc. Park Sam-koo will step down as group chairman and CEO of flagship Asiana Airlines and Kumho Industrial Co., the group’s holding company. [...]
DALLAS, Mar. 4 (Korea Bizwire) — Today, YPO, the premier chief executive leadership organization in the world, announced the election of Elizabeth Zucker to YPO’s highest elected office, the 2019-2020 chairman of the YPO Board of Directors. Zucker is the 68th member to hold this office and will succeed current YPO Chairman Pascal Gerken. She [...]
HENGELO, Netherlands, Jan. 14 (Korea Bizwire) — Dutch energy storage and battery company Lithium Werks B.V. (www.lithiumwerks.com) has appointed T. Joseph (Joe) Fisher III as chairman of the board. Fisher, who has been the company’s chief executive since he co-founded the company in 2017, is a 30-year veteran in the battery industry. He will now [...]
GERMANTOWN, Md., Dec. 18 (Korea Bizwire) — Neuralstem, Inc. (Nasdaq: CUR), a biopharmaceutical company focused on the development of nervous system therapies based on its neural stem cell and small molecule technologies, appointed Kenneth C. Carter, Ph.D., as the Company’s Executive Chairman of the Board to be effective on January 1, 2019. Dr. Carter will [...]