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Less Than 1% of Employees at Korea’s Top 100 Firms Make it to Executive Ranks, New Study Finds

Less Than 1% of Employees at Korea’s Top 100 Firms Make it to Executive Ranks, New Study Finds

SEOUL, Nov. 8 (Korea Bizwire) – According to a new study released on November 7 by the Korea CXO Research Institute, employees at Korea’s top 100 companies face steep odds in reaching executive positions, with chances falling below 1%. The study, which examined promotion possibilities at the country’s 100 largest listed companies by revenue, revealed that [...]

PIMCO Hires John Studzinski as Managing Director and Vice Chairman of PIMCO in its Executive Office

PIMCO Hires John Studzinski as Managing Director and Vice Chairman of PIMCO in its Executive Office

NEWPORT BEACH, Calif., Sept. 5 (Korea Bizwire) — PIMCO, one of the world’s premier fixed income investment managers, has hired John Studzinski as Managing Director and Vice Chairman of PIMCO in its Executive Office. Mr. Studzinski, who has spent most of his career working in Asia and Europe, brings to PIMCO 30 years of experience [...]

Constellation Brands Promotes Jim Sabia to Newly Created Role of Chief Marketing Officer

Constellation Brands Promotes Jim Sabia to Newly Created Role of Chief Marketing Officer

VICTOR, N.Y., May 22 (Korea Bizwire) — Constellation Brands, Inc. (NYSE:STZ) (NYSE:STZ.B), a leading beverage alcohol company, announced today that it has promoted Jim Sabia to the newly created role of Executive Vice President and Chief Marketing Officer, Constellation Brands. In this new role, Sabia will serve as the marketing lead for the company’s Beer [...]

Document Security Systems, Inc. Names IT Executive Vincent Lum President of DSS Asia

Document Security Systems, Inc. Names IT Executive Vincent Lum President of DSS Asia

ROCHESTER, N.Y., Jan. 8 (Korea Bizwire) — Document Security Systems, Inc. (NYSE American:DSS), a leader in anti-counterfeit, authentication, and diversion protection technologies whose products and solutions are used by governments, corporations and financial institutions to defeat fraud and to help ensure the authenticity of both digital and physical financial instruments, identification documents, sensitive publications, brand [...]

Changes to Skilled Worker Visas Will Impact Access to Global Executive Talent Pool, Says AESC

Changes to Skilled Worker Visas Will Impact Access to Global Executive Talent Pool, Says AESC

SYDNEY, Australia, May 31 (Korea Bizwire) — There was collective concern expressed this week amongst members of the Association of Executive Search and Leadership Consultants (AESC) over the impact of recent changes to immigration regulations. It was agreed the changes may detrimentally affect Australia’s ability to attract high calibre global talent. The AESC members are [...]

Hyundai Motor Group Executives to Take 10 Pct Paycut to Tide over Crisis

Hyundai Motor Group Executives to Take 10 Pct Paycut to Tide over Crisis

SEOUL, Oct. 25 (Korea Bizwire) – South Korea’s leading automaking group Hyundai Motor Group said Tuesday that executives of its 51 affiliates will have their salaries cut by 10 percent starting this month as part of efforts to tide over worsening business conditions at home and abroad.  “Executives of the group’s affiliates are moving to [...]