Business · Companies · 3 hrs ago
Samyang names successors to lead two group companies
Samyang Group has nominated Kim Ji-seop and Jeong Ji-seok to lead two of its companies in South Korea.
Kim is set to head Samyang Holdings, while Jeong is set to lead Samyang Corp.
Their appointments are expected to go to the companies’ regular shareholder meetings in March 2027.
Eom Tae-ung will leave Samyang Holdings after 43 years with the group, including a period as its chief executive.
The company said the leadership changes aim to stabilize the organization and strengthen its operations.
Samyang says its organization has stabilized after a price-fixing case involving sugar, flour and starch-based products, and that a June acquisition of a Japanese flavor company created a base for expanding specialty foods.
Kim is expected to focus on financial strength and compliance, while Jeong plans to strengthen the competitiveness of higher-value food products.
Samyang Group named Kim Ji-seop and Jeong Ji-seok as successors to lead Samyang Holdings and Samyang Corp., respectively.
Their appointments as chief executives are expected to follow regular shareholder meetings in March 2027.
The group said the management reshuffle focuses on organizational stability and strengthening internal capabilities.
Current Samyang Holdings chief executive Eom Tae-ung will step down after 43 years with the group.
- Who
- Kim Ji-seop and Jeong Ji-seok are the nominated successors. Eom Tae-ung will step down as Samyang Holdings chief executive.
- What
- Kim is set to lead Samyang Holdings, and Jeong is set to lead Samyang Corp.
- When
- The group announced the appointments on November 2, 2026. The new chief executives are expected to be appointed after shareholder meetings in March 2027.
- Where
- Samyang Group companies in South Korea.
- Why
- The group said the reshuffle aims to stabilize the organization and strengthen internal capabilities.
This story does not have two clearly opposing sides.
Eom Tae-ung joined Samyang Group.
Kim Ji-seop joined Samyang Corp.
Jeong Ji-seok joined Samyang Corp.
Kim was promoted to executive vice president.
Samyang Group acquired a Japanese flavor company, according to the article.
Samyang Group announced the appointments of Kim and Jeong.
- Kim Ji-seop
- Nominated to lead Samyang Holdings
- Jeong Ji-seok
- Nominated to lead Samyang Corp.
- Expected appointment
- After regular shareholder meetings in March 2027
- Eom Tae-ung
- Stepping down after 43 years with Samyang Group
- Announcement date
- November 2, 2026