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Korean Air names Cho Won-tae as new chief executive

All Headlines 17:18 January 06, 2017

SEOUL, Jan. 6 (Yonhap) -- Cho Won-tae, the eldest son of Hanjin Group chairman Cho Yang-ho, has been named the new president of South Korea's largest flag carrier Korean Air Lines Co., the company said Friday.

The 42-year-old will assume the top position as of Wednesday, the group said in a press release.

Cho's promotion to the top position at Korean Air may mark his inheritance of the firm founded by his late grandfather, Cho Choong-hoon.

Cho has been serving as a vice president of the airline since 2013.

"The group has appointed vice president Cho Won-tae as the new chief of Korean Air as a way of turning the company into a younger and more dynamic organization," Korean Air said in a separate press release.

The latest personnel reshuffle by Hanjin Group also saw the group chairman's daughter, Cho Hyun-min, promoted to senior vice president of Korean Air.

Cho Won-tae, new president of Korean Air Line Co. (Photo courtesy of Hanjin Group)


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