US EditionLeadership risk weighs on Hankook Tire
Summary by The Korea Times
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Leadership risk weighs on Hankook Tire
Hankook & Company, the holding firm of Korea’s largest tire maker Hankook Tire, faces increasing risks to its effective decision-making — particularly in its overseas business —following the imprisonment of Chairman Cho Hyun-bum. Cho was sentenced to three years in prison and taken into custody on Thursday on charges of embezzlement and breach of trust amounting to 20 billion won ($14.5 million). The leadership vacuum comes at a critical junctur…
·Korea, Republic of
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