SK Group maintains heads of chip, construction arms

SEOUL-- SK Group, a major South Korean conglomerate, said Thursday it decided to maintain the heads of its semiconductor and construction arms, refraining from making significant changes in its structure.

Announcing its regular reshuffle, the telecom and tech conglomerate said Park Sung-wook, the chief executive officer of the crucial SK hynix Inc., and Cho Ki-Haeng, the head of SK Engineering & Construction Co., will maintain their seats.

Industry watchers said the decision for SK hynix apparently came as the company has been posting record-breaking performances throughout 2017.

Cho Kyong-Mok, the chief financial officer of SK Holding Co., was named to head SK Energy Co.

The conglomerate said the appointments were limited as the group already implemented major personnel reshuffle last year.

Source: Yonhap News Agency

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