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Samsung chairman remains unpaid, SK Group chief receives $1.23 mil. in H1

Samsung Electronics Chairman Lee Jae-yong continued to receive no compensation in the first half, while SK Group Chairman Chey Tae-won received 1.75 billion won ($1.23 million), regulatory filings showed Friday. According to regulatory filings released by local businesses on the day, Lee continued to receive no salary from Samsung Electronics, a practice he has maintained since 2017. Chey…

Samsung chairman remains unpaid, SK Group chief receives $1.23 mil. in H1

During the first half, Samsung Electronics Chairman Lee Jae-yong received no compensation, continuing a practice he initiated in 2017, according to recent regulatory filings. In contrast, SK Group Chairman Chey Tae-won earned 1.75 billion won, equivalent to approximately $1.23 million, from SK Inc., the parent company of SK Group.

Doosan Group Chairman Park Jeong-won topped the list among local business leaders, receiving the highest compensation of 45.58 billion won in the first half. Hanwha Group Chairman Kim Seung-youn followed with 11.58 billion won from the conglomerate's affiliates, while Lotte Group Chairman Shin Dong-bin also collected 11.2 billion won.

LG Group Chairman Koo Kwang-mo earned a total compensation of 4.83 billion won during the period, while Hyundai Motor Group Executive Chair Euisun Chung took home 2.25 billion won. Breaking it down, Chung received 1.35 billion won from Hyundai Motor Co. and an additional 900 million won.

Written by urgent.news from The Korea Times's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.

Also reported by 2 other outlets

Read the original at koreatimes.co.kr →

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