Business · Companies · 3 hrs ago
Shinsegae names chairman Chung Yong-jin as an Emart co-CEO
Shinsegae Group has nominated chairman Chung Yong-jin as an Emart CEO, returning him to formal leadership of the retailer.
He left Emart’s board in 2013, and his appointment now awaits approval at a shareholders’ meeting.
Kim Hong-geuk has also been named an Emart CEO, and the group says its leaders will work in a co-CEO structure.
Chung became head of Shinsegae Property in June, adding another leadership role within the group.
The group appointed a record 36 new executives in its annual reshuffle for 2027.
It said the changes aim to address urgent challenges, improve the group and carry out future growth plans.
The shareholder vote will determine whether Chung’s Emart appointment is final; the group has not given further details on the next steps.
Shinsegae Group nominated chairman Chung Yong-jin to become a representative director of E-Mart.
The nomination marks his return to formal management of E-Mart, 13 years after he left its board.
The group announced the nomination on October 23 as part of its 2027 regular executive reshuffle.
Chung had become head of Shinsegae Property in June and is expected to lead major affiliates in a joint representative-director structure if shareholders approve his appointment.
The reshuffle also named 36 new executives, the largest number in the group’s history.
- Who
- Shinsegae Group chairman Chung Yong-jin.
- What
- He was nominated to become a representative director of E-Mart.
- When
- The group announced the nomination on October 23, 2026.
- Where
- E-Mart. A more specific location is not stated.
- Why
- Shinsegae said the appointments aim to address urgent challenges and carry out future growth plans.
This story does not have two clearly opposing sides.
Chung Yong-jin stepped down as a registered director of E-Mart.
Chung became head of Shinsegae Property.
Shinsegae Group announced Chung’s nomination as an E-Mart representative director.
Shareholders must approve the appointment for Chung to be finally selected.
- Nominee
- Chung Yong-jin
- Company
- E-Mart
- Return to formal E-Mart management
- 13 years after leaving its board in 2013
- Announcement
- October 23, 2026
- New executive promotions
- 36, a group record
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