Shinsegae reshuffles 81 executives including 2 CEOs

Shinsegae Group announced the results Thursday for its annual executive-level reshuffle.

Among the highest positions, two Shinsegae subsidiaries saw their CEOs replaced. Yang Chun-man, executive vice president and head of Emart’s management support office, was named CEO of Shinsegae E&C’s leisure department - one of the company’s two main divisions.

Shinsegae Chosun Hotel’s chief financial officer and executive vice president Lee Yong-ho was appointed to CEO of the company.

A total of 81 executive-level employees had their positions changed, and among them, 57 were promoted.

In terms of changes made to the subsidiaries’ organizational structure, a corporate social responsibility team was established as a team that works directly under each company’s respective CEO.

By Song Kyoung-son