SK Chief Is Korea's Highest-Paid Executive

      April 01, 2014 12:06

      Chey Tae-won

      SK Group Chairman Chey Tae-won was the nation's highest-paid CEO last year with a combined W30.1 billion from four affiliates where he served as an executive (US$1=W1,064).

      Chey is an executive with SK, SK Innovation, SK C&C and SK Hynix.

      Among hired hands, Samsung Electronics vice chairman Kwon Oh-hyun topped the list with W6.77 billion.

      Executives who make more than W500 million a year are required to reveal their annual salaries in their firms' regulatory filings by Monday following law revisions late last year. Some 730 executives declared their earnings.

      According to the Chosun Ilbo's analysis of the annual earnings of executives of listed companies, six earned more than W10 billion.

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