SEOUL, Mar. 25 (Korea Bizwire) – A stark divide exists between the paychecks of top executives and ordinary employees at South Korea’s major conglomerates, with a new analysis revealing that executives earn on average more than 11 times the salary of regular workers. According to data compiled by Chaebul.com from the 2023 fiscal year business reports [...]
SEOUL, Nov. 23 (Korea Bizwire) — The proportion of females in executive positions at the top 100 companies in South Korea reached the 6 percent mark for the first time ever this year, data showed Thursday. According to data of top 100 companies in terms of sales compiled by global headhunter UnicoSearch Inc., 439, or [...]
SEOUL, March 29 (Korea Bizwire) — At South Korea’s biggest enterprises, the highest-paid executives made 16 times more than the median worker last year, a corporate tracker said Tuesday. Leaders Index analyzed data from 282 Korean companies that disclosed information on their highest-paid earners for last year. The annual wage of these companies’ highest-paid executives [...]
SEOUL, Aug. 4 (Korea Bizwire) — Banks in South Korea have offered hefty bonuses to their executives on the back of the profits they chalked up by steadily raising interest rates over the past three years, a lawmaker said Wednesday. The aggregate value of bonuses given to the executives at the nation’s top four commercial [...]
REDWOOD CITY, Calif., April 7 (Korea Bizwire) — Delphix, the industry leader in DevOps Test Data Management (TDM), today announced the appointments of Tammi Warfield to Chief Customer Officer and Alex Hesterberg to Chief Strategy Officer. “We are excited about the leadership scale that both Tammi and Alex will bring to our customers, partners, and [...]
SEOUL, March 17 (Korea Bizwire) — Among the CEOs of South Korean family-controlled conglomerates, the share of owner family members has declined sharply while that of professional managers is increasing, a corporate tracker said Wednesday. According to a survey conducted by CEO Score of 411 out of the nation’s top 500 companies by sales in [...]
SEOUL, Jan. 5 (Korea Bizwire) — A substantial number of South Korean business executives intend to increase their stock investment amid expectations that inflation will continue to remain high, a survey showed Tuesday. According to a survey conducted by Samsung Securities Co. of executives from 924 local businesses, 21.3 percent of the respondents picked inflation [...]
LONDON, Dec. 9 (Korea Bizwire) – Unibuddy announces the addition of Nina Bilimoria Angelo as Chief Marketing and Strategy Officer, Sam Park as Vice President of Finance, and Dan Sommer as its newest Board Member. With decades of experience under their belts, Angelo, Park, and Sommer will guide the company as it continues to grow globally in partnership with higher education institutions. “We [...]
SEOUL, Aug. 5 (Korea Bizwire) — Women hold 5.2 percent of executive positions at publicly listed companies in South Korea, the gender equality ministry said Thursday. According to a survey of 2,246 stock market-listed companies in the first quarter, only 1,668, or 5.2 percent, of the 32,005 executives were women, according to the Ministry of [...]
JASPER, Ind., June 30 (Korea Bizwire) — Kimball Electronics, Inc. (NASDAQ: KE), (the “Company”), today announced two new internal promotions conducive to the Company accelerating its strategic growth plans. Effective July 1, 2020, Steve Korn has been promoted to the newly-created position of President of Global Electronics Manufacturing Services (EMS) Operations, and Lee Kemper has [...]