Top South Korean Conglomerate Leaders' Compensation: Samsung Chairman Forgoes Salary, SK Chief Earns 1.75 Billion Won

Deep News08-14 21:41

Regulatory filings released on Friday reveal that Samsung Electronics Chairman Lee Jae-yong received no compensation for the first half of this year, continuing a practice he has maintained since 2017.

In contrast, SK Group Chairman Chey Tae-won earned 1.75 billion Korean won (approximately $1.23 million) during the same period from the group's holding company, SK Inc., according to the filings.

Doosan Group Chairman Park Jeong-won led the list of highest-paid conglomerate leaders, with total compensation of 45.58 billion won.

Hanwha Group Chairman Kim Seung-youn received 11.58 billion won from multiple subsidiaries, while Lotte Group Chairman Shin Dong-bin earned 11.2 billion won from affiliates of the retail giant.

LG Group Chairman Koo Kwang-mo reported total compensation of 4.83 billion won for the first half of the year.

Hyundai Motor Group Chairman Chung Eui-sun received 2.25 billion won from Hyundai Motor, 1.35 billion won from Kia, and 900 million won from Hyundai Mobis.

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