Hyundai Motor Group Chairman Chung Eui-sun received 5.4 billion won in compensation from Kia, which logged record sales last year.
According to Kia's 2025 business report disclosed on the 12th, Chung received 2.7 billion won each in salary and bonus from Kia, for a total of 5.4 billion won.
Last year was the first time Chung received compensation from Kia. After taking office as Hyundai Motor Group chairman in 2020, Chung had managed Kia without pay. Through 2024, among Hyundai Motor Group affiliates, he received compensation only from Hyundai Motor and Hyundai Mobis.
Kia said, "Since being appointed an inside director of Kia in March 2019, Chairman Chung has contributed to continuing record business results through ongoing competitiveness gains and the recruitment of global talent," adding, "Amid an expanding global trade environment and geopolitical uncertainty and fiercer competition in future mobility, we began paying compensation last year to strengthen responsible management."
Excluding Hyundai Motor, whose business report has not yet been disclosed, the aggregates of compensation Chung received last year from Kia and Hyundai Mobis is 8.46 billion won.
CEO and President Song Ho-sung received 3.042 billion won, combining 1.516 billion won in salary and 1.526 billion won in bonuses and other payments, up 5.7% from a year earlier. Chief safety officer (CSO) Choi Jun-young received 2.274 billion won, and Executive Director Kim Seung-jun received 773 million won.