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[Alpha Biz=(Chicago) Reporter Kim Jisun] Sung Hoe-yong (60), a close aide to former Taekwang Group Chairman Lee Ho-jin, was appointed as the new CEO of Taekwang Industrial Co., the parent company of Taekwang Group.
It is interpreted as a stepping stone to establish a pro-government system ahead of Lee's return to management.
Taekwang Group announced on the 17th that it has carried out an executive personnel reshuffle in 2024.
Sung Hoe-yong, who served as head of the SBS press bureau, has served as vice chairman of the management council, a consultative body representing affiliates, since joining Taekwang Group in June. He is also the chairman of the Future Committee, which Taekwang Group launched in October to establish an ESG-oriented management system.
In particular, he has been acquainted with former Chairman Lee for a long time and is known to have been trusted by former Chairman Lee even before he joined Taekwang Group.
Regarding the background of Sung's appointment, Taekwang Group said, "He has a deep insight not only in the economy and industry but also in society as a whole," adding, "He is the right person to break through the uncertain management environment and establish the group's new vision and business strategy."
Attention is focusing on whether former chairman Lee's return to management will speed up with the appointment of CEO Sung.
Since Lee was reinstated with a special pardon on Liberation Day in August, the group has audited all affiliates and dismissed Kim Ki-yu, who was called the group's influential figure, it is interpreted that Lee is taking steps to return to management.
In this personnel reshuffle, Oh Yong-geun, executive director of Taekwang Industries, was appointed as the new CEO of Hanwha Island, while Um Jae-yong, head of Tcast's management support office, was appointed as the CEO of Tcast.
AlphaBIZ 김지선(stockmk2020@alphabiz.co.kr)
