• Chairman of DY
    Cho Byung-ho

    Founder of Korea’s First Profit-Sharing Company—Ensuring Worker Participation and Opposing Hereditary Management

    Last Updated on Mar 11, 2025

Life Summary

Cho Byung-ho is the Chairman of DY and also serves as the Group’s Chief ESG Officer.

He was born on April 5, 1946, in Buan, North Jeolla Province.

He graduated from Kyunggi High School and earned a degree in Mechanical Engineering from Seoul National University. He later attended the graduate school of engineering at the University of Wuppertal in Germany.

He began his career at Daewoo Heavy Industries.

While studying in Germany, he gained expertise in hydraulic cylinder technology at MAN.

In 1978, he founded Dongyang Hydraulic, the predecessor of DY.

He advocates for profit-sharing, worker participation in management, and a professional management system.

Declaring that he would not pass down management control to his children, he has kept all three of his sons out of company operations.

He dedicates a significant portion of his free time to reading.

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