CEO Ahn Jeong-ho Supports Farmers with 100 Million Won for COVID-19 and Heavy Rain Damage
[Asia Economy Reporter Moon Hyewon] Ahn Jeong-ho, CEO of Simmons Bed, announced on the 13th that the company will support farmers affected by the novel coronavirus disease (COVID-19) and heavy rain in the Icheon area of Gyeonggi Province, where its headquarters is located.
Simmons Bed plans to purchase approximately 100 million KRW worth of local agricultural products (rice, peaches, etc.) and deliver them to partner companies to encourage farmers in the Icheon area who are suffering from flood damage caused by the longest rainy season and heavy rainfall in history, along with COVID-19.
CEO Ahn said, “While commuting to the headquarters located in Icheon, Gyeonggi Province, I felt sorrow upon seeing the flooded damage sites such as nearby rice paddies and peach orchards,” and added, “As a citizen and neighbor of Icheon City, I decided to purchase agricultural products and share them with those around me to help farmers who have been affected by the recent consecutive heavy rains, even if only a little.”
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Meanwhile, CEO Ahn implemented a 1 billion KRW support plan for distributors and consignment sellers who suffered sales damage in March when COVID-19 rapidly spread. He also returned his own salary to create a disaster relief fund and provided 300,000 KRW each to about 450 employees.
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