Korean Air says chairman Cho Yang-ho dies at 70

Korean Air says chairman Cho Yang-ho dies at 70

Korean Air patriarch, chairman and CEO Cho Yang-ho died of a chronic illness on Monday. This comes weeks after shareholders ended Yang-ho’s 27-year tenure on the board of the country’s biggest carrier due to perceived leadership failings. Shares of the airline and its parent Hanjin Kal Corp jumped on hopes of better governance under new management following Cho’s death.

Simone
Simone
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