KOREA WHO

Park Hyun-chul is the Vice Chairman and CEO of Lotte Engineering & Construction.

He was brought in as a relief pitcher for Lotte Engineering & Construction, which faced a liquidity crisis due to the real estate market downturn.

With high interest rates, rising construction material costs, and a prolonged economic downturn, he is focusing on improving the profitability of the housing business and diversifying the revenue structure through new business initiatives.

He was born on October 16, 1960, in Gyeongju, Gyeongsangbuk-do. He graduated from Yeongnam High School in Daegu and majored in Statistics at Kyungpook National University.

He joined Lotte Engineering & Construction and worked through the Lotte Group Management Headquarters and Lotte Policy Headquarters before serving as the Head of Business Division at Lotte Corporation.

As CEO of Lotte Corporation, he led the completion of the Lotte World Tower, a long-cherished project of the Lotte Group.

He moved to Lotte Holdings, where he served as the Head of the Management Improvement Office. In 2022, he succeeded CEO Ha Suk-joo and was appointed CEO of Lotte Engineering & Construction, later being promoted to Vice Chairman.

He spent about half of his career at the group's control tower, the Lotte Policy Headquarters, and Lotte Holdings.

He is known for valuing on-site work and has been recognized for his meticulous style and crisis management skills.

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