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Samsung Chairman Remains Unpaid; SK Group Chief Receives 1.75 Billion Won in First Half

Seoul: Samsung Electronics Chairman Lee Jae-yong continued to receive no compensation in the first half, while SK Group Chairman Chey Tae-won received 1.75 billion won (US$1.23 million), regulatory filings showed Friday.

According to Yonhap News Agency, regulatory filings released by local businesses on the day indicated that Lee has maintained his practice of not drawing a salary from Samsung Electronics Co. since 2017. In contrast, Chey Tae-won received 1.75 billion won from SK Inc., the holding company of SK Group, during the same period.

Doosan Group Chairman Park Jeong-won emerged as the highest-paid among local business leaders, securing compensation of 45.58 billion won. Meanwhile, Hanwha Group Chairman Kim Seung-youn received 11.58 billion won from the group's affiliates.

Lotte Group Chairman Shin Dong-bin collected 11.2 billion won from the retail conglomerate's affiliates. Additionally, regulatory filings revealed that LG Group Chairman Koo Kwang-mo received total compensation of 4.83 billion won in the first half.

Hyundai Motor Group Executive Chair Euisun Chung also earned notable compensation, taking home 2.25 billion won, 1.35 billion won, and 900 million won from Hyundai Motor Co., Kia Corp., and Hyundai Mobis Co., respectively.

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