February 28, 2020

Number of C-suite employees at top 30 groups falls 0.5% over 4 years

PUBLISHED : December 11, 2019 - 10:59

UPDATED : December 11, 2019 - 10:59

  • 본문폰트 작게
  • 본문폰트 크게
  • 페이스북
  • 트위터
  • sms

The number of executives at South Korea’s top 30 conglomerates fell 0.5 percent compared to 2015, amid a slowing economy, data showed Dec. 11.

The data compiled by CEOScore, a research firm that tracks conglomerates, showed that the number of executives at 262 companies affiliated with the conglomerates came to 9,742 as of the end of September, down 53 from 9,795 during the same period of 2015.

Samsung Group, Korea’s largest family-run conglomerate, whose flagship units include Samsung Electronics, saw the number of its executives fall 15.6 percent to 1,920 from 2,276 during the cited period.

The number of executives at Samsung Group fell the most among the 30 conglomerates, followed by Doosan Group with a 39 percent decline and a 38.5 percent fall at Hyundai Heavy Industries Group.

Meanwhile, the number of executive positions at Hyundai Motor Group rose 16.9 percent, or by 202, followed by Lotte Group with a 15.6 percent hike, or by 82, and SK Group with a 9.3 percent increase, or by 79.

Hyundai Motor Group has Hyundai Motor, Korea’s largest carmaker, and its smaller sister company, Kia Motors, under its wing.

By Ram Garikipati and newswires (

  • 페이스북
  • 트위터
  • sms
Herald Corporation|CEO : Kwon Chung Won
Publisher. Editor : Kwon Chung Won
Chief Privacy Officer & Juvenile Protection Manager : Yang Sung-jin
Title : The Investor|Date of registration : 2015.04.28
Company Registration No. 104-81-06004
Mail-Order Business Registration 2016 - Seoul Yongsan - 00590
Huam-ro 4-gil 10, Yongsan-gu, Seoul, Korea
T : +82-2-727-0114|Business info
Gov’t registration No. Seoul 아04099