Dongwon founder quits, hands over power to son Nam-jung
Dongwon Group chairman and founder Kim Jae-chul speaking during the group's 50th anniversary event
(SOUTH KOREA, 4/16/2019)
Dongwon Group chairman and founder Kim Jae-chul has wrapped up his 50-year career in fisheries with the 84-year-old chief announcing his retirement today.
"I will step down from the chairman's post, counting on our employees' capabilities and watch and root for your performances," Kim said during the group's 50th anniversary event at Dongwon Leaders Academy in Icheon, Gyeonggi Province.
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