Chung Mong-koo

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Chung Mong-koo
Korean spelling
Hangeul 정몽구
Hanja 鄭夢九
Revised
Romanization 		Jeong Mong-gu
McCune-
Reischauer 		Chŏng Mong-ku

Chung Mong-koo (born March 19, 1938 in Seoul ) is the CEO of the South Korean Hyundai Kia Automotive Group .

Life

Chung Mong-koo was born to Chung Ju-yung , the founder of the Hyundai Motor Company . He graduated from Hanyang University in 1967 and soon after went to Hyundai.

In 1974 he became head of Hyundai Motor Service and in 1980 of Hyundai Precision & Industry . This company was later rebuilt and produced vehicles. In 1981 he became CEO of Hyundai Pipe and in 1986 of Inchon Iron & Steel . In 1996 he became Chairman of the Hyundai Group after his uncle Se-yung was fired from that position. However, his father still had de facto control over the company. In 1998 he became CEO of Hyundai Motor.

His brother Mong-hun committed suicide in 2003, which paved the way for Chung Mong-koo to become the top of the Hyundai group.

He was arrested in April 2006 but released on bail in late June 2006. On February 5, 2007, the Seoul District Court found him guilty of infidelity and breach of trust. He embezzled around 50 to 82 million euros, used it privately and stored it in black money accounts. With this money he also bribed numerous officials and politicians. The sentence was three years in prison, but was initially not carried out. In September 2007, the sentence was suspended and Chung Mong-koo was obliged to donate US $ 895 million and give lectures on transparent management.

literature

Web links

Commons : Chung Mong-Koo  - collection of pictures, videos and audio files

Footnotes

  1. ↑ Georg Blume: Patriarch behind bars. In: zeit.de (May 4, 2006). Retrieved November 14, 2012.
  2. ↑ a b c Tim Healy and Laxmi Nakarmi: A Novice at the Wheel ( Memento from October 19, 2007 in the Internet Archive ) (English).
  3. ↑ a b Martin Kölling: Chung Mong-koo: The Bulldozer. ( Memento from May 16, 2006 in the Internet Archive ) In: ftd.de (April 24, 2006). Retrieved November 14, 2012.
  4. ↑ Court punishes Hyundai boss. ( Memento from February 7, 2007 in the Internet Archive ) In: ftd.de (February 5, 2007). Retrieved November 14, 2012.
  5. ↑ Three years imprisonment for Hyundai boss. In: dw-world.de (February 5, 2007). Retrieved November 14, 2012.
  6. ↑ [1] (tagesschau.de archive)
  7. ^ A suspended sentence - leniency for the Hyundai boss. In: n-tv.de (September 6, 2007). Retrieved November 14, 2012.
Note: This article places the family name before the person's first name. This is the usual order in Korean. Chung is the family name here, Mong-koo is the first name.
personal data
SURNAME Chung, Mong-koo
ALTERNATIVE NAMES 정몽구 (Korean)
BRIEF DESCRIPTION South Korean manager, head of the Hyundai Kia Automotive Group
DATE OF BIRTH March 19, 1938
PLACE OF BIRTH Seoul