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…
In the first half of the year, Samsung Electronics Chairman Lee Jae-yong received no compensation, while SK Group Chairman Chey Tae-won made 1.75 billion won, according to regulatory filings. For the last five years, Lee has not received any salary from Samsung Electronics, a practice he has continued. SK Inc., the parent company of SK Group, compensated Chey with 1.75 billion won in the first half.
Doosan Group Chairman Park Jeong-won received the highest compensation among South Korean business tycoons, earning 45.58 billion won in the first 6 months. Hanwha Group Chairman Kim Seung-youn collected 11.58 billion won from the group's subsidiaries. Lotte Group Chairman Shin Dong-bin also took home 11.2 billion won from Lotte's affiliates.
LG Group Chairman Koo Kwang-mo's total compensation amounted to 4.83 billion won in the first half. Executive Chair of Hyundai Motor Group Euisun Chung earned 2.25 billion won, receiving 1.35 billion won from Hyundai Motor Co and 900 million won from Hyundai Heavy Industries.
Written by urgent.news from The Korea Times's reporting — not their text. Machine-written — it may contain errors, so check the original before relying on it.
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