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Kim Jae-cheul re-elected MBC president

Kim Jae-cheul was re-elected president of Munhwa Broadcasting Corp. by its board of directors Wednesday.

The Foundation for Broadcast Culture, which holds the majority stake in the television network, selected Kim at its board meeting held to screen presidential candidates.
Kim Jae-cheul
Kim Jae-cheul

The 58-year-old president-elect is expected to be determined as president at the shareholders’ meeting late this month.

The board said it had evaluated Kim and Jung Heung-bo, current president of Chucheon MBC, on the basis of management plans and interviews before casting votes. Kim got five out of nine votes, Chung three.

Kim graduated from Korea University and entered the network in 1979 as a reporter and has worked there ever since.

His three-year presidential term at MBC will last until the opening of the 2014 shareholders’ meeting.

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