KOREA WHO
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Chairman of SK Group and KCCI
Chey Tae-won
Happiness-Driven, Globally Connected, and Insightful Leader
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Last Updated on Jan 2, 2024
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Chairman of SK Group and KCCI
Copy Url : https://www.koreawho.com/profile/CheyTaewon- Life Summary
Chey Tae-won is the chairman of SK Group. He also serves as the chairman of affiliates SK Innovation, SK Hynix, and SK Telecom, as well as the Korea Chamber of Commerce and Industry.
Emphasizing ESG management, he is expanding the eco-friendly business portfolio through investments in hydrogen and electric vehicle batteries.
He is building a group-wide "financial story" that aims to be trusted and empathized with by the market and stakeholders, beyond just revenue and operating profit.
He was born on December 3, 1960, in Suwon, Gyeonggi Province, as the eldest son of Chey Jong-hyun, the chairman of Sunkyong Group (now SK Group).
He graduated from Shinil High School and studied physics at Korea University. He completed a combined master's and doctoral program in economics at the University of Chicago Graduate School.
He joined SK Trading as a manager, then served as a director at SK America, and later as a managing director at SK Trading before becoming vice chairman and CEO of SK.
After becoming the chairman and CEO of SK, he also took on the role of CEO for SK Innovation and SK Hynix.
In 2022, he elevated SK Group to the second-largest business group in Korea by total assets, surpassing Hyundai Motor Group.
He is actively engaged in external activities as the chairman of the Korea Chamber of Commerce and Industry. He also served as the chairman of the private committee supporting the bid for the 2030 Busan World Expo.
He is highly regarded for his global network and sense of business.
#CheyTaeWon #SKGroup #SKInnovation #SKHynix #SKTelecom #ESGManagement #HydrogenInvestment #EVBatteries #KoreaChamberOfCommerce #BusanExpoBid
Emphasizing ESG management, he is expanding the eco-friendly business portfolio through investments in hydrogen and electric vehicle batteries.
He is building a group-wide "financial story" that aims to be trusted and empathized with by the market and stakeholders, beyond just revenue and operating profit.
He was born on December 3, 1960, in Suwon, Gyeonggi Province, as the eldest son of Chey Jong-hyun, the chairman of Sunkyong Group (now SK Group).
He graduated from Shinil High School and studied physics at Korea University. He completed a combined master's and doctoral program in economics at the University of Chicago Graduate School.
He joined SK Trading as a manager, then served as a director at SK America, and later as a managing director at SK Trading before becoming vice chairman and CEO of SK.
After becoming the chairman and CEO of SK, he also took on the role of CEO for SK Innovation and SK Hynix.
In 2022, he elevated SK Group to the second-largest business group in Korea by total assets, surpassing Hyundai Motor Group.
He is actively engaged in external activities as the chairman of the Korea Chamber of Commerce and Industry. He also served as the chairman of the private committee supporting the bid for the 2030 Busan World Expo.
He is highly regarded for his global network and sense of business.
#CheyTaeWon #SKGroup #SKInnovation #SKHynix #SKTelecom #ESGManagement #HydrogenInvestment #EVBatteries #KoreaChamberOfCommerce #BusanExpoBid
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- - SK Group's 'Rebalancing' Spurs Major Workforce Changes: Is Chey Tae-won Planning Another Executive Shake-up?
- - SK Group Faces Chinese Price Pressures, Chey Tae-won Rebalances to Boost Battery Business
- - Chey Yoon-jung, Eldest Daughter of SK Chairman Chey Tae-won, Directly Presents at SK Biopharmaceuticals' Management Briefing, Takes Frontline Role in Management
- - What the Second Trial of Chey Tae-won’s Divorce Left Behind: The Frame of SK's Political-Business Collusion
- - Chey Tae-won: "KRW 20 Trillion to Build a Semiconductor Plant, Tax Benefits Aren't Enough"
- - Chey Tae-won's "SK On Revival" Merger Strategy: Long-term Battery Slump Could Impact Entire Group
- - SK Shaken by Chey Tae-won and Roh So-young's Divorce Lawsuit, Possibility of Recurring Nightmare of 'Sovereign'?
- Life Summary
- Career Highlights & Challenges
- · 2023 Year-End Personnel Changes: Cousin Choi Chang-won Appointed SUPEX Chairman
- · Efforts to Host the Busan Expo
- · Active Global Business Activities
- · Strengthening Investment in Human Resources
- · SK Group Created KRW 20.5 Trillion in Social Value in 2022
- · Reconstructing the 'Financial Story'
- · Commercializing Ideas from the 'National Development Project Contest'
- · Acquiring Intel's NAND Flash Business to Expand Semiconductor Operations
- · Developing and Producing COVID-19 Vaccines through SK Bioscience
- · Fostering the Bio-Pharmaceutical Business through SK Group
- · Active Investment in Future Mobility Areas such as Electric Vehicle Batteries
- · Accompanying Presidential Overseas Trips as Chairman of the Korea Chamber of Commerce and Industry
- · Spin-off of SK Telecom and SK Square
- · Strengthening Board-Centered Management
- · Strengthening Collaboration with U.S. Energy Companies for Hydrogen Business
- · Actively Reducing Carbon Emissions while Emphasizing ESG Management
- · Strengthening Hydrogen Business Development
- · Elected as Chairman of the Korea Chamber of Commerce and Industry in 2021
- · Emphasis on Creating Social Value (SV)
- · Chey Tae-won Gifts KRW 920 Billion Worth of SK Shares to Relatives
- · Visited Pyongyang with President Moon Jae-in
- · Business Expansion Through Mergers and Acquisitions
- · SK Telecom's Media Business Expansion
- · Chey Tae-won Elected as SK Group Chairman by Family Agreement
- · The Path of SK Group
- Vision and Goals
- Market and Social Evaluation
- Notable Incidents & Legal Affairs
- - Divorce Lawsuit with Noh So-yeong, Director of Art Center Nabi
- - Private Equity Firm Favoritism Controversy
- - Requests for Share Buybacks and Cancellations to Enhance Shareholder Value
- - Fined 800 Million Won for Acquiring Shares in SK Siltron
- - Controversy Over Alleged Ownership of Real Estate Development Company Hwacheon Daeyu Asset Management
- - Acquittal in SKC Embezzlement Case
- - Controversy Over Performance Bonuses at SK Hynix
- - Lawsuit for Removal of 'Garo Sero Institute' Videos
- - Meeting Kim Hee-young, Director of T&C Foundation
- - Supreme Court Sentences Housewife to Suspended Prison Term for False Comments about Chey Tae-won
- - Collapse of Laos Dam Built by SK Construction
- - Involvement in Park Geun-hye Scandal
- - Accounting Fraud, Embezzlement, and Special Pardon
- - ### Sovereign Crisis
- Professional Timeline
- Educational Background
- Family & Personal Connections
- Awards & Recognitions
- Additional Information
- Notable Quotations
- Infographic & Photos