KOREA WHO
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Chairman of Nongshim
Shin Dong-won
Eldest Son of Founder Shin Chun-ho, Humble Personality, Competes with Samyang Foods in Global Markets
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Last Updated on Oct 8, 2024
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Chairman of Nongshim
Copy Url : https://www.koreawho.com/profile/ShinDongwon- Life Summary
Shin Dong-won is the chairman of the Nongshim Group.
He is in charge of overseeing the management of Nongshim Holdings, the group's holding company.
Shin is focused on continuously enhancing Nongshim's brand value through overseas operations, particularly in North America and other regions.
He is also prioritizing business diversification, aiming to expand into new ventures such as health functional foods and alternative meats, thereby reducing the company's heavy reliance on ramen and snack products.
Born on January 9, 1958, in Busan, he is the eldest son of Shin Choon-ho, the founder of Nongshim Group.
He graduated from Shillim High School in Seoul and received a degree in Chemical Engineering from Korea University. He also obtained a master’s degree in International Trade from Korea University's Graduate School.
During the summer vacation of his second year at university, following his father Shin Choon-ho’s remark, "Why waste time?" he underwent new employee training at a factory.
After joining Nongshim, Shin gained extensive management training by working in key areas such as finance, purchasing, planning, and overseas operations.
He served as the International CEO of Nongshim, CEO of Nongshim Engineering, and CEO of Nongshim Taekyung, before becoming the CEO of both Nongshim and Nongshim Holdings.
In 2021, after the death of his father, Shin Choon-ho, he assumed the position of chairman of Nongshim. He stepped down from his roles as CEO of Nongshim and Nongshim Holdings, transitioning the company to a professional management system.
Shin views overseas market competitiveness as critical to Nongshim’s future.
He is known for his gentle demeanor and displays leadership that is outwardly soft but internally strong.
Although not frequently in the public eye, Shin leads social gatherings among business leaders and remains dedicated to research and development.
#ShinDongwon #Nongshim #NongshimHoldings #globalbusiness #healthfoods #alternativemeats #chemicalengineering #KoreaUniversity #businessdiversification #leadership
He is in charge of overseeing the management of Nongshim Holdings, the group's holding company.
Shin is focused on continuously enhancing Nongshim's brand value through overseas operations, particularly in North America and other regions.
He is also prioritizing business diversification, aiming to expand into new ventures such as health functional foods and alternative meats, thereby reducing the company's heavy reliance on ramen and snack products.
Born on January 9, 1958, in Busan, he is the eldest son of Shin Choon-ho, the founder of Nongshim Group.
He graduated from Shillim High School in Seoul and received a degree in Chemical Engineering from Korea University. He also obtained a master’s degree in International Trade from Korea University's Graduate School.
During the summer vacation of his second year at university, following his father Shin Choon-ho’s remark, "Why waste time?" he underwent new employee training at a factory.
After joining Nongshim, Shin gained extensive management training by working in key areas such as finance, purchasing, planning, and overseas operations.
He served as the International CEO of Nongshim, CEO of Nongshim Engineering, and CEO of Nongshim Taekyung, before becoming the CEO of both Nongshim and Nongshim Holdings.
In 2021, after the death of his father, Shin Choon-ho, he assumed the position of chairman of Nongshim. He stepped down from his roles as CEO of Nongshim and Nongshim Holdings, transitioning the company to a professional management system.
Shin views overseas market competitiveness as critical to Nongshim’s future.
He is known for his gentle demeanor and displays leadership that is outwardly soft but internally strong.
Although not frequently in the public eye, Shin leads social gatherings among business leaders and remains dedicated to research and development.
#ShinDongwon #Nongshim #NongshimHoldings #globalbusiness #healthfoods #alternativemeats #chemicalengineering #KoreaUniversity #businessdiversification #leadership
- Life Summary
- Career Highlights & Challenges
- · Expanding Vegan Business
- · Establishment of Export-Only Factory in Busan
- · Six Consecutive Years of Revenue Growth
- · Full-Scale Smart Farm Initiative
- · Expansion of Health Functional Food Product Line
- · 'Meoktaekkang' Becomes a Steady Seller, Following the Success of 'Shrimp Crackers'
- · Prospect of Nongshim’s Second-Generation Owner Spin-offs
- · Expansion of Dry Noodles Product Line
- · Shin Ramyun Sales Reach All-Time High
- · Appointed as Nongshim Chairman and Designated as the Group's Head by the KFTC
- · Launching eSports Marketing to Target North America
- · Utilizing Popular Films and Music Videos in Marketing
- · Accelerating Expansion of the Bottled Water Business
- · History of Nongshim
- Vision and Goals
- Market and Social Evaluation
- Notable Incidents & Legal Affairs
- - Nongshim Loses Top Market Cap Spot in Ramen Industry to Samyang Foods
- - Government Pressure on Ramen Price Reduction
- - Harmful Substances Detected in Nongshim's Cup Noodles Exported to Taiwan
- - Hotel Nongshim Corporate Liquidation
- - Recall of Imported Peanut Butter Products Sold in the U.S.
- - Carcinogens Detected in 'Haemultang Ramen' Exported to Germany
- - Nongshim Resumes Use of Gunsan Pink Shrimp for Saewookkang Amid Fishermen's Protests
- - Accusations of Favoritism in Internal Transactions
- - Losing Samdasoo, Nongshim Reenters the Bottled Water Market with Baeksansu
- - Ramen Price-Fixing Controversy
- Professional Timeline
- Educational Background
- Family & Personal Connections
- Additional Information
- Notable Quotations
- Infographic & Photos