Business

Korean Air chairman and CEO Cho Yang-ho dies at 70

Cho Yang-ho being CEO and chairman of one of Asia’s biggest airlines named Korean Air has passed away in the US.

The Company states that Cho Yang-ho died at 70, in Los Angeles on Sunday, 7 April, without revealing the cause of death.

His guidance was concealed by various family misconducts including the notorious ‘nut rage’ incident.

As per the news report Cho Won-tae, son of Mr. Cho Yang-ho being Korean Air’s president is anticipated to succeed him as chairman, as Mr. Cho Yang-ho was ousted from the company board in March.

After ‘nut rage’ incident in 2014, the Cho family made worldwide headlines involving elder daughter of Cho Yang-ho, Cho Hyun-ah who was known as Heather.

Cho Hyun-ah looked out on a trial over the incident in South Korea and was declared in breaching aggregation safety, forced and misuse of power in 2015. She flew with a wave of anger on Korean Air flight to New York for South Korea while macadamia nuts weren’t served in a plate but were served in a packet. Then she removed the chief steward and commanded the crew to return the assigned plane to its port.

Cho Hyun-min, the other daughter of Mr. Cho, after being reputedly spattered water in a fellow worker’s face during a meeting, left her position in the company. The businessman denies all the charges and it led to his ultimate deposing from the committee of Korean Air in March.

The misconducts revived a national discussion on Korea’s work scenery and that is controlled by a family business called chaebols. According to media reports, Mr. Cho Yang-ho was the first family co-creator to be forced off a committee of any crucial South Korean company.

A few spotted him forcefully leaving from the company board as the success of those trying to restrain the ability of the chaebols.

About the author

Shelly Wilson

Shelly Wilson

Shelly is one among the oldest contributors of Techozen and she has a particularly unique perspective with regards to covering and writing the news. She aims to empower the readers with the delivery of apt factual analysis of various news pieces mainly from the Technology and Business category.
Email: shelly@techozen.com

Add Comment

Click here to post a comment