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SK Group chairman urges unwavering support after Chey’s imprisonment
By Korea HeraldPublished : Feb. 3, 2013 - 20:14
Kim Chang-geun, chairman of SK Group’s decision-making body Supex, asked for support from employees in an online message delivered after former chairman Chey Tae-won received a four-year jail sentence for embezzlement on Thursday.
“All of you may have been surprised with the unexpected result,” wrote the former vice chairman of SK Chemical who replaced Chey in December.
“Despite external difficulties, we will continue fulfilling our duty for all stake holder groups, including our customers. Each of you is also required to carry out your own mission.”
The Seoul Central District Court sentenced Chey, the owner of the country’s third-largest conglomerate, to a four-year prison term for using a massive amount of corporate funds for personal investments.
On Dec. 18, Chey stepped down from the top position to serve as a strategic stakeholder.
By Lee Ji-yoon (jylee@heraldcorp.com)
“All of you may have been surprised with the unexpected result,” wrote the former vice chairman of SK Chemical who replaced Chey in December.
“Despite external difficulties, we will continue fulfilling our duty for all stake holder groups, including our customers. Each of you is also required to carry out your own mission.”
The Seoul Central District Court sentenced Chey, the owner of the country’s third-largest conglomerate, to a four-year prison term for using a massive amount of corporate funds for personal investments.
On Dec. 18, Chey stepped down from the top position to serve as a strategic stakeholder.
By Lee Ji-yoon (jylee@heraldcorp.com)
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Articles by Korea Herald
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