It has been an in-and-out sort of week for Chey Tae-won, chairman of SK Corp and scion of one of South Korea's most powerful industrial families. First he was conspicuous for not joining three colleagues when they agreed on February 22nd to resign from the board of SK Corp, South Korea's biggest oil refiner. Then he was conspicuous three days later when he did resign from SK Telecom, a related firm and the country's biggest mobile-phone operator, along with three other directors including his younger brother, Chey Jae-won. The firms are all part of South Korea's third-biggest chaebol, one of the networks of family-controlled businesses that dominate the country's industry.
展开▼
