KOREA WHO
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Chairman of hy
Yoon Ho-joong
Former Korea Yakult's 'Reclusive Second-Generation Owner,' Faces Criticism as a 'Loss-Making Investor'
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Last Updated on Nov 25, 2024
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Chairman of hy
Life Summary
Yoon Ho-joong is the chairman of the hy Group.
He was born in 1970 as the only son of Yoon Deok-byeong, the founder of Korea Yakult (now hy).
In 1995, he graduated from Keio University in Japan with a degree in economics.
That same year, he joined Korea Yakult. He was promoted to Senior Executive Vice President in 2004, Vice Chairman in 2012, and became Chairman in 2020.
Known for rarely appearing in public, he is often referred to as a "reclusive owner."
Following the management philosophy established by his father, Yoon delegates overall management to professional executives and does not actively involve himself in daily operations. Instead, he focuses on discovering future growth engines, investing in new businesses, and pursuing acquisitions.
In 2021, he personally led the effort to rebrand the company as "hy," driving a major transformation from a food and beverage company to a distribution platform group.
#YoonHoJoong #hyGroup #KoreanBusiness #CorporateLeadership #KeioUniversity #ReclusiveOwner #BrandTransformation #NewBusinessInvestment #FutureGrowth #FoodAndBeverageIndustry
He was born in 1970 as the only son of Yoon Deok-byeong, the founder of Korea Yakult (now hy).
In 1995, he graduated from Keio University in Japan with a degree in economics.
That same year, he joined Korea Yakult. He was promoted to Senior Executive Vice President in 2004, Vice Chairman in 2012, and became Chairman in 2020.
Known for rarely appearing in public, he is often referred to as a "reclusive owner."
Following the management philosophy established by his father, Yoon delegates overall management to professional executives and does not actively involve himself in daily operations. Instead, he focuses on discovering future growth engines, investing in new businesses, and pursuing acquisitions.
In 2021, he personally led the effort to rebrand the company as "hy," driving a major transformation from a food and beverage company to a distribution platform group.
#YoonHoJoong #hyGroup #KoreanBusiness #CorporateLeadership #KeioUniversity #ReclusiveOwner #BrandTransformation #NewBusinessInvestment #FutureGrowth #FoodAndBeverageIndustry