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Chairman of Hanjin Group
Cho Won-tae
Breaking Free from Authoritarian Image through Communication, Also a Risk-Taker
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Last Updated on Jan 9, 2024
Cho Won-tae is the Chairman of Hanjin Group. He also serves as the CEO of Korean Air.
He is putting great effort into persuading the competition authorities of the countries where corporate merger filings are mandatory to ensure the successful merger of Korean Air and Asiana Airlines.
To strengthen the financial soundness of Hanjin Group, he is promoting the sale of non-core assets.
Born on January 25, 1976, in Seoul, he is the eldest son of the late Cho Yang-ho, former Chairman of Hanjin Group.
He graduated from Marian High School in the United States and obtained a bachelor's degree in business administration from Inha University. He then received a master's degree in business administration from the University of Southern California Graduate School.
After joining Hanjin Information & Communication, he moved to Korean Air and was promoted to vice president within 10 years of joining.
He was appointed CEO of Uniconverse, Hanjin Group's IT subsidiary, marking his full-fledged entry into management.
In 2016, he became the CEO of Korean Air, and in 2019, he became the Chairman of Hanjin Group, ushering in the era of the third generation of Hanjin Group's leadership.
Although he was at a disadvantage in the Hanjin Group management dispute, he demonstrated his gambler-like qualities by reversing the situation through the merger of Asiana Airlines.
He is transforming Korean Air's conservative organizational culture into one that is young and innovative.
He is known for his proactive management style and has extensive knowledge of IT.
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