SEOUL, Aug. 9 (Korea Bizwire) – The founder of South Korean retail giant Lotte lost his last remaining board member seat at the affiliate of the conglomerate, effectively leaving the management scene, the business group said Wednesday. The board of directors of Lotte Aluminum Co., a packaging material firm, decided not to extend the term [...]
SEOUL, Feb. 12 (Yonhap) - The former vice president of Tokyo-based Lotte Holdings Co. on Friday called for a major reshuffle at the company to form new leadership, saying he will push for the listing of the company on the Tokyo bourse if he becomes the new chief. Shin Dong-joo, the first son of 94-year-old Lotte [...]
SEOUL, Aug. 3 (Korea Bizwire) — Shin Dong-bin, the younger son and heir apparent of Lotte Group founder Shin Kyuk-ho, pledged Monday to do his best to resolve a bitter family conflict over control of the retail empire whose business spans from amusement parks and hotels to department stores in South Korea and Japan. “It [...]