Chong Kun Dang Archives | Be Korea-savvy

Head of Major Drug Maker to be Summoned for Verbal Abuse Allegations

SEOUL, Jul. 31 (Korea Bizwire) — South Korean police said Monday that they will call in the head of a major pharmaceutical company in connection with an ongoing investigation into allegations of verbal abuse involving multiple private car drivers. Rhee Jang-han, chairman of Chong Kun Dang Pharmaceutical Corp., will be summoned on Wednesday, according to [...]

Disgraced CEOs Take Their Toll on Small Shareholders

SEOUL, Jul. 17 (Korea Bizwire) — As CEOs of South Korean companies continue to attract the ire of the public after a steady stream of abuse of power scandals, an increasing number of small shareholders who have suffered financially from the careless actions of the business owners are expressing frustration. Jung Woo-hyun, the former CEO [...]