Cho Won-tae Archives | Be Korea-savvy
Hanjin Chairman Wins Vote Showdown, but Uncertainty Lingers over His Grip

Hanjin Chairman Wins Vote Showdown, but Uncertainty Lingers over His Grip

SEOUL, March 27 (Korea Bizwire) — Shareholders of Hanjin KAL Corp., the holding company of logistics-to-airline conglomerate Hanjin Group, on Friday approved the reappointment of the group’s heir apparent as a member of its board, bringing him a victory in a family feud over the group’s control. Hanjin Group Chairman Cho Won-tae, 44, defended his [...]

Hanjin Heiress Partners with KCGI, Bando for Group’s Management Control

Hanjin Heiress Partners with KCGI, Bando for Group’s Management Control

SEOUL, Jan. 31 (Korea Bizwire) — The heiress of South Korean airline-focused conglomerate Hanjin Group, widely known for the “nut rage” incident in 2014, has joined hands with a local fund and a builder for the group’s management control ahead of a shareholders meeting in March. In a joint statement with local activist fund Korea [...]

Hanjin Chief Clashes with His Mother over Control of Logistics Conglomerate

Hanjin Chief Clashes with His Mother over Control of Logistics Conglomerate

SEOUL, Dec. 29 (Korea Bizwire) — Hanjin Group chief Cho Won-tae has clashed with his mother over the group’s management, an industry official said Saturday, in a deepening family feud at South Korea’s largest logistics conglomerate. Cho had a big argument with his mother, Lee Myung-hee, at Lee’s house in Seoul on Christmas over whether [...]