Doosan Group Chairman Park Jung-won received 16.3 billion won in compensation in the first half of this year, the highest amount among leaders of major groups for the first half.
According to the semiannual report disclosed by major corporations on the 14th, Chairman Park's salary was 1.75 billion won, short-term performance bonus was 5.63 billion won, and restricted stock units (RSUs) amounted to 8.93 billion won, totaling 16.3 billion won.
While the regular salary and short-term bonuses remained at last year's levels, Doosan Group explained that this year's long-term performance bonus, which was previously given in cash, was issued in stock for the first time, significantly increasing the total amount.
Doosan Group introduced the RSU system for all executives three years ago.
In Chairman Park's case, the stock valuation increased to more than half of the total compensation amount to 8.93 billion won as the stock price at the time of allocation three years ago rose 4.3 times compared to the stock price at the time of payment in February this year.
Kim Seung-youn, Chairman of Hanwha Group, received a total of 12.42 billion won, including 2.52 billion won from Hanwha Corporation, 2.52 billion won from Hanwha Solutions, 2.52 billion won from Hanwha Aerospace, 2.34 billion won from Hanwha Vision, and 2.52 billion won from Hanwha Systems.
This is significantly more than double last year's first half amount of 5.4 billion won.
Shin Dong-bin, Chairman of Lotte Group, received 9.88 billion won, down 16.2% from 11.789 billion won in the first half of last year.
His salary was 8.38 billion won, bonuses were 1.49 billion won, and other earned income was 9 million won.
Compared to last year, his salary decreased by 784 million won, bonuses by 1.123 billion won, while welfare expenses increased by 7 million won.
After experiencing a 'liquidity crisis' last year, there are analyses suggesting that the owner's compensation has also decreased as the company has entered an emergency management mode to reorganize its business structure, focusing on core businesses and disposing of idle assets.
Lee Jae-hyun, Chairman of CJ, received 9.29 billion won in the first half, over 5 billion won more than last year.
He received 7.25 billion won from the holding company CJ and 1.959 billion won from CJ CheilJedang.
However, unlike last year when he only received a salary, this year he received a bonus of 4.993 billion won from CJ, resulting in a total compensation that is more than 5.2 billion won higher than last year's 4.056 billion won, doubling the amount.
Chey Tae-won, Chairman of SK Group, received a total of 4.75 billion won in the first half, including 3 billion won from SK hynix and 1.75 billion won from SK.
Chung Eui-sun, Chairman of Hyundai Motor Group, received 4.5 billion won in compensation, including 2.25 billion won from Hyundai Motor, 1.35 billion won from Kia, and 900 million won from Hyundai Mobis.
The 4.5 billion won is an increase of 782 million won from his compensation of 3.718 billion won in the first half of last year.
Until last year, he only received a salary from Hyundai Mobis and Hyundai Motor among Hyundai Motor Group subsidiaries, but starting this year, he will also receive compensation from Kia.
Koo Kwang-mo, Chairman of LG Group, received a total of 4.714 billion won, including a salary of 2.38 billion won and bonuses of 2.334 billion won, which is a decrease of 1.125 billion won (19.27%) compared to 5.839 billion won in the first half of last year.
Lee Jae-yong, Chairman of Samsung Electronics, has continued his no-salary management activities since 2017.
Among professional managers, the late Han Jong-hee, former vice chairman of Samsung Electronics who passed away last March, received a total of 13.4 billion won, including retirement benefits.
Mauro Forchini, who was hired as Chief Design Officer (CDO) for the Device Experience (DX) division of Samsung Electronics in April, received 3.473 billion won.