Last year, the highest-paid executive in Korea's paper industry was Jo Dong-gil, chairman of Hansol Group.
According to a Financial Supervisory Service filing on the 25th, Jo received 5.611 billion won in pay last year. Jo received 993 million won from Hansol Holdings, the group's holding company; 3.691 billion won from Hansol Paper, a core affiliate; and 927 million won from Hansol Technics, respectively.
The No. 2 in pay was Lee Dong-uk, chairman of the Moorim Group. Lee received 2.102 billion won last year, taking 1.056 billion won from Moorim Paper and 1.046 billion won from Moorim P&P, respectively.
Lee In-beom, vice chairman of Asia Paper Manufacturing, received 1.077 billion won last year. Kim Seung-han, chairman of Hanchang Paper, received 737 million won, and Choi Byung-min, honorary chairman of KleanNara, received 623 million won.
Byeon Ji-su, an executive at Blue Industrial Development (formerly YoungPoong Paper), received 543 million won last year, including 33 million won in severance pay.
Meanwhile, listed companies in the paper industry such as Tailim Packaging, Hankuk Paper, and Shindaeyang Paper did not have any executives who received 500 million won or more last year and were not subject to disclosure.