Heir to Hanjin Group empire may face challenge


SEOUL: As the natural heir to the family controlling Hanjin Group, Walter Cho was catapulted to the top job at the scandal-plagued Korean empire within weeks of his father’s death. Now comes the hard part.

Cho, 43, assumed the position of chairman last month by virtue of being the only son of the late patriarch, sparking skepticism whether he’s capable of leading the airlines-to-logistics conglomerate founded in 1945. He may get a chance to prove his doubters wrong later this week when he hosts the global aviation industry’s biggest annual conference in Seoul, as president of the group’s flagship Korean Air Lines Co.

Limited time offer:
Just RM5 per month.

Monthly Plan

RM13.90/month
RM5/month

Billed as RM5/month for the 1st 6 months then RM13.90 thereafters.

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
   

Next In Business News

Malaysia's CPI rises 1.8% in March
DNB announces new board members comprising representatives from all five MNOs
Axiata, Sinar Mas move closer to US$3.5bil telco merger
Agricore gets Bursa nod to list on ACE Market
South Korea Q1 GDP growth smashes estimates, but outlook's uncertain
Ringgit soft as US$ remains elevated
Product innovation drives sales of local plastic packaging
Bursa's rally continues ahead of economic releases
Trading ideas: MyEG, Axis REIT, Mah Sing, Capital A, Hibiscus, Chin Hin, Carlsberg, I-Bhd
Kering says profit likely to tumble

Others Also Read