Koo Kwang-mo, Chairman of LG Group, Receives 5.8 Billion KRW in Compensation for First Half of the Year
[Asia Economy Reporter Dongwoo Lee] Koo Kwang-mo, chairman of LG Group, received a salary of 5.824 billion KRW in the first half of this year.
According to LG's semi-annual report on the 14th, Chairman Koo received a salary of 2.184 billion KRW and a bonus of 3.64 billion KRW in the first half of this year.
LG explained that it pays bonuses up to 150% of the base salary based on evaluations of the company's sales, operating profit, and contribution to the company last year.
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Kwon Young-soo, vice chairman who took office in 2018, received a total of 2.293 billion KRW in the first half of this year, including a salary of 860 million KRW and a bonus of 1.433 billion KRW.
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