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Shinsegae Vice Chairman Chung Yong-jin has been promoted to chairman

Business / Paul Lee / 03/08/2024 08:11 AM
정용진 신세계그룹 회장 (사진=신세계)

 

[Alpha Biz=(Chicago) Reporter Paul Lee] Shinsegae Group Vice Chairman Chung Yong-jin was promoted to chairman on the 8th. It is the first promotion in 18 years since he became vice chairman in 2006. Lee Myung-hee continues to serve as the head of Shinsegae Group as the head of the group.

Regarding the personnel reshuffle, Shinsegae said it is a decision to "break through the rapidly changing environment around Chairman Chung Yong-jin." It intends to start responsible management with Chairman Chung at the forefront as the crisis escalated, with the group's sales falling for the first time last year.

 

AlphaBIZ Paul Lee(hoondork1977@alphabiz.co.kr)

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