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Chairman of Hankook & Company
Cho Hyun-bum
Victory in sibling ownership dispute, embezzlement and breach of trust owner risk continues [2024]
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Last Updated on Dec 12, 2024
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Chairman of Hankook & Company
Life Summary
Cho Hyun-bum is the Chairman and CEO of Hankook & Company, the holding company of Hankook & Company Group. He also serves as Chairman of its subsidiary, Hankook Tire & Technology.
He is focusing on completing the acquisition of Hanon Systems, the world’s second-largest automotive thermal management company, and driving internal integration to create synergies with the existing group.
Born on January 7, 1972, in Haman County, Gyeongnam Province, Cho Hyun-bum is the second son of Cho Yang-rae, Honorary Chairman of Hankook & Company Group.
He graduated from Dwight-Englewood High School in the United States and earned a degree in finance from Boston College.
After serving as Head of the Marketing Division at Hankook Tire, he moved to the position of Head of Corporate Strategy at Hankook Tire Worldwide (now Hankook & Company), the group's holding company.
Following the spin-off of Hankook Tire & Technology from Hankook & Company, he joined the tire business company, Hankook Tire & Technology. Before Cho Hyun-sik, Advisor at Hankook & Company, assumed the role of Non-Executive Director of Hanon Systems, Cho Hyun-bum served as an Executive Director of Hanon Systems.
He returned to management in 2020 as the sole CEO of Hankook & Company after receiving a suspended sentence in a trial related to personal misconduct.
In 2023, he was arrested on charges of embezzlement and breach of trust. As of 2024, he is currently out on bail and undergoing trial without detention.
Cho emphasizes creativity and a proactive corporate culture, actively engaging in communication with employees.
He is the son-in-law of former President Lee Myung-bak.
#ChoHyunBum #HankookAndCompany #HankookTire #HanonSystems #KoreanBusiness #CorporateLeadership #HankookGroup #AutomotiveIndustry #Leadership #KoreanCEO #BusinessNews #LeeMyungBakFamily #KoreanCompanies
He is focusing on completing the acquisition of Hanon Systems, the world’s second-largest automotive thermal management company, and driving internal integration to create synergies with the existing group.
Born on January 7, 1972, in Haman County, Gyeongnam Province, Cho Hyun-bum is the second son of Cho Yang-rae, Honorary Chairman of Hankook & Company Group.
He graduated from Dwight-Englewood High School in the United States and earned a degree in finance from Boston College.
After serving as Head of the Marketing Division at Hankook Tire, he moved to the position of Head of Corporate Strategy at Hankook Tire Worldwide (now Hankook & Company), the group's holding company.
Following the spin-off of Hankook Tire & Technology from Hankook & Company, he joined the tire business company, Hankook Tire & Technology. Before Cho Hyun-sik, Advisor at Hankook & Company, assumed the role of Non-Executive Director of Hanon Systems, Cho Hyun-bum served as an Executive Director of Hanon Systems.
He returned to management in 2020 as the sole CEO of Hankook & Company after receiving a suspended sentence in a trial related to personal misconduct.
In 2023, he was arrested on charges of embezzlement and breach of trust. As of 2024, he is currently out on bail and undergoing trial without detention.
Cho emphasizes creativity and a proactive corporate culture, actively engaging in communication with employees.
He is the son-in-law of former President Lee Myung-bak.
#ChoHyunBum #HankookAndCompany #HankookTire #HanonSystems #KoreanBusiness #CorporateLeadership #HankookGroup #AutomotiveIndustry #Leadership #KoreanCEO #BusinessNews #LeeMyungBakFamily #KoreanCompanies