Shinsegae chair to take CEO roles at Emart, Shinsegae Property

Shinsegae Group said Monday that Chair Chung Yong-jin will take on the role of CEO at both Emart and Shinsegae Property — two key affiliates of the Korean retail conglomerate — as the chaebol leader looks to swiftly cope with ongoing challenges and lead the future growth.

"I solemnly take the market's demand that I bear clear responsibility for the company's management," said Chung.

"As the CEO, I will face evaluations from the board of directors and shareholders moving forward." The CEO nominat ...