Hyundai Motor Group Chairman Chung Eui-sun received a total of 4.5 billion won in compensation in the first half of this year from major affiliates including Hyundai Motor(005380), Kia(000270) and Hyundai Mobis(012330).

Hyundai Motor Group Executive Chair Chung Eui-sun./Courtesy of Hyundai Motor Group

According to semiannual reports from Hyundai Motor Group affiliates on the 14th, Chung received 2.25 billion won from Hyundai Motor, 1.35 billion won from Kia and 900 million won from Hyundai Mobis in the first half of this year, for a total of 4.5 billion won. That is the same amount as the first half of last year.

Through 2024, Chung received salaries from two Hyundai Motor Group affiliates, Hyundai Motor and Hyundai Mobis, but since last year has also begun receiving compensation from Kia.

Hyundai Motor CEO and President José Muñoz received 2.456 billion won in compensation in the first half of this year. Kia President Song Ho-sung received 1.151 billion won, and Hyundai Mobis President Lee Gyu-suk received 516 million won.

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