Brief: S.Korea's Kolon Group says chairman to resign

Kolon

28/11/2018 02:59

Nov 28 (Reuters) - Kolon Group says in a statement:
    * chairman Lee Woong-yeul will step down from all positions
in
2019 to launch a new business
    * Kolon Group is a small South Korean family-run
conglomerate,
engaged in businesses including automobile parts, construction &
retail and fashion. 
    * CEO Yoo Seok-jin will lead Kolon Corp  002020.KS , the
holding
company of the group
    * Lee Kyu-ho, son of the Kolon chairman Lee, has been
promoted as
chief operating officer of a group affiliate Kolon Industries
FnC

Further company coverage:  002020.KS 

 (Reporting By Ju-min Park)
 ((ju-min.park@thomsonreuters.com;))