KOREA WHO
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Chairman of Shinan Group
Park Soon-seok
Moved to Seoul at 13, Founded Business Through Hard Labor, Entered Pipe Manufacturing by Acquiring Husteel
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Last Updated on Nov 27, 2024
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Chairman of Shinan Group
Life Summary
Park Soon-seok is the Chairman of Shinan Group and the Chairman of the Board at Husteel.
He was born on November 29, 1944, in Sinan, Jeollanam-do, the hometown of former President Kim Dae-jung.
At the age of 13, Park moved to Seoul and worked as a laborer to save money. At the age of 37, in 1980, he founded Sinan General Construction, the foundation of what would become Shinan Group.
In 2001, he acquired Shinho Steel, a manufacturer of steel pipes, and in 2002, renamed it Husteel.
Husteel is the only publicly listed company within Shinan Group. Park manages the company alongside his eldest son, Park Hoon, who serves as the CEO of Husteel.
Under Park’s leadership, Shinan Group has grown into a mid-sized conglomerate ranked around 60th in terms of assets in South Korea, with more than 20 subsidiaries spanning construction, services, and finance.
As of 2024, at the age of 80, Park remains actively involved in business as the Chairman of Husteel’s Board of Directors.
#ParkSoonSeok #ShinanGroup #Husteel #businessleader #constructionindustry #familybusiness #SouthKorea #corporategovernance #steelindustry #midtierconglomerate
He was born on November 29, 1944, in Sinan, Jeollanam-do, the hometown of former President Kim Dae-jung.
At the age of 13, Park moved to Seoul and worked as a laborer to save money. At the age of 37, in 1980, he founded Sinan General Construction, the foundation of what would become Shinan Group.
In 2001, he acquired Shinho Steel, a manufacturer of steel pipes, and in 2002, renamed it Husteel.
Husteel is the only publicly listed company within Shinan Group. Park manages the company alongside his eldest son, Park Hoon, who serves as the CEO of Husteel.
Under Park’s leadership, Shinan Group has grown into a mid-sized conglomerate ranked around 60th in terms of assets in South Korea, with more than 20 subsidiaries spanning construction, services, and finance.
As of 2024, at the age of 80, Park remains actively involved in business as the Chairman of Husteel’s Board of Directors.
#ParkSoonSeok #ShinanGroup #Husteel #businessleader #constructionindustry #familybusiness #SouthKorea #corporategovernance #steelindustry #midtierconglomerate