Female Executives Double But Remain Rare

  • english.chosun.com

    September 20, 2023 13:06

    The proportion of female executives at top 30 Korean conglomerates has more than doubled over the past five years, but remains below seven percent, according to corporate tracker Leaders Index.
    Leaders Index analyzed 265 of the conglomerates' subsidiaries and found that Samsung had the most female executives in the first quarter of this year with 157 in 22 subsidiaries or a paltry 7.5 percent of all 2,097 executives.
    SK Group came second with 88 female executives, but they accounted for 7.8 percent. Next were LG with 78 (7.4 percent), automaker Hyundai with 69 (4.9 percent) and Lotte with 53 (8.5 percent).
    The highest proportion of female executives was at Kakao with 19 percent, or 16 out of 84 executives in its six subsidiaries. Next came Naver with 18.8 percent (26), CJ with 15 percent (48) and Shinsegae with 13.7 percent (25).
    The total averaged out at 6.9 percent, or 726 of the total 10,561. That was a substantial increase over the last five years of 455 or 3.7 percent.
    Some 86 companies or 32.4 percent still do not have a single female executive, but that is down from 188 companies in 2018.
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