South Korean conglomerates fast-track leadership overhauls


South Korea's four major business groups: Samsung, SK, Hyundai Motor, and LG, are poised to announce notable leadership changes by November. — The Korea Herald

SEOUL: South Korea’s largest conglomerates are fast-tracking leadership transitions to navigate an increasingly volatile global economy marked by slowing growth, intensifying US-China trade tensions, and mounting trade pressures.

According to industry sources on Tuesday, the country’s four major business groups: Samsung, SK, Hyundai Motor, and LG, are poised to announce notable leadership changes by November.

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