New winds may blow Korean Air successor off-course, says mak_robyn:
South Korea's Hanjin Group, parent of Korean Air Lines, said on April 24 it had appointed Cho Won-tae as its new chairman to replace his father, Cho Yang-ho, who died on April 7 in the United States.
The younger Cho was also appointed co-chief executive of Hanjin KAL, the listed holding company of Hanjin Group. "The appointment of Cho Won-tae as a new CEO is to minimise leadership vacuum of Chairman Cho Yang-ho and to continue stable management of the group," Hanjin Group said in a Korean-language statement.
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