KOREA WHO
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Chairman of Dongkuk Steel Group
Chang Sae-joo
Return to Management After 8 Years, Focus on Dongkuk Steel Group's New Business
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Last Updated on Jul 23, 2024
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Chairman of Dongkuk Steel Group
Life Summary
Chang Sae-joo is the chairman of Dongkuk Steel Group.
In 2015, he was indicted on charges of embezzlement and stepped down as an internal director of Dongkuk Steel. However, he returned to management in May 2023, after an eight-year hiatus.
In May 2023, he was reinstated as an internal director through an extraordinary general meeting of Dongkuk Steel shareholders. Shortly after his return, he transformed Dongkuk Steel into a holding company structure through a corporate split.
He is focused on strategic investments to secure future growth engines for Dongkuk Steel Group and is actively responding to the downturn in the steel industry.
Chang Sae-joo was born on November 8, 1953, in Busan, as the eldest son of Chang Sang-tae, the honorary chairman of Dongkuk Steel.
He graduated from Seoul Choongang High School and Yonsei University's College of Engineering. He then moved to the United States and graduated from Towson University's Department of Economics.
After joining Dongkuk Steel, he held positions such as head of Incheon Steelworks, head of the Planning and Coordination Office, head of the Management Planning Office, and head of the Sales Division.
He received 23 years of management training from his father, honorary chairman Chang Sang-tae.
He has a close relationship with his younger brother, Chang Sae-wook, who is the vice chairman and CEO of Dongkuk Steel.
Chang Sae-joo is known for his down-to-earth manner with employees.
He demonstrates strong willpower and a determined drive.
#ChangSaeJoo #DongkukSteel #chairman #embezzelement #managementreturn #holdingcompany #strategicinvestment #steelindustry #ChangSangTae #brotherhood
In 2015, he was indicted on charges of embezzlement and stepped down as an internal director of Dongkuk Steel. However, he returned to management in May 2023, after an eight-year hiatus.
In May 2023, he was reinstated as an internal director through an extraordinary general meeting of Dongkuk Steel shareholders. Shortly after his return, he transformed Dongkuk Steel into a holding company structure through a corporate split.
He is focused on strategic investments to secure future growth engines for Dongkuk Steel Group and is actively responding to the downturn in the steel industry.
Chang Sae-joo was born on November 8, 1953, in Busan, as the eldest son of Chang Sang-tae, the honorary chairman of Dongkuk Steel.
He graduated from Seoul Choongang High School and Yonsei University's College of Engineering. He then moved to the United States and graduated from Towson University's Department of Economics.
After joining Dongkuk Steel, he held positions such as head of Incheon Steelworks, head of the Planning and Coordination Office, head of the Management Planning Office, and head of the Sales Division.
He received 23 years of management training from his father, honorary chairman Chang Sang-tae.
He has a close relationship with his younger brother, Chang Sae-wook, who is the vice chairman and CEO of Dongkuk Steel.
Chang Sae-joo is known for his down-to-earth manner with employees.
He demonstrates strong willpower and a determined drive.
#ChangSaeJoo #DongkukSteel #chairman #embezzelement #managementreturn #holdingcompany #strategicinvestment #steelindustry #ChangSangTae #brotherhood