Moon Jong-seok, CEO of CJ Freshway... "20th Anniversary, Will Innovate Profit Structure with a Sense of Crisis"

First in Food Ingredient Distribution and Group Catering Industry to Surpass 3 Trillion KRW in Sales Last Year
"Focusing All Capabilities on Innovating Profit Structure"

[Asia Economy Reporter Choi Saeng-hye] On the 1st, CJ Freshway, a food ingredient distribution company celebrating its 20th anniversary, announced its commitment to overcoming the crisis caused by the novel coronavirus disease (COVID-19) and stated that it will focus all its corporate capabilities on innovating its profit structure.

Moon Jong-seok, CEO of CJ Freshway, held a founding anniversary ceremony at the headquarters building in Sangam-dong, Seoul on the 28th of last month. In his 20th anniversary commemorative speech, he emphasized a paradigm shift in business to the employees and urged them to overcome the crisis and pursue innovative growth.

Although the company achieved meaningful results such as surpassing 3 trillion won in sales last year for the first time in the food ingredient distribution and group catering industry and recording the highest operating profit ever, it was mindful of the growing sense of crisis due to the stagnation of its main market caused by the recent COVID-19 impact.

CEO Moon stated, “We must concentrate all our capabilities on innovating the profit structure,” and expressed his determination for future growth by saying, “We will strengthen marketing capabilities by anticipating future trend changes in advance to secure a super-gap capability.” He also emphasized that the company will take the lead in investing in digital transformation.

He urged employees to be equipped with an evolutionary and innovative DNA that produces results based on strong responsibility and execution. He pledged to secure top-tier talent leading high-intensity innovation and to establish a global first-class culture at an early stage.

He also emphasized the cooperation of all employees for the leap to the ‘New Freshway.’ CEO Moon said, “We have faced numerous difficulties, but we have always shown the ability to rise again,” adding, “Let us leap forward as the ‘New Freshway’ preparing for the upcoming 20th anniversary through changes in work methods, culture, and a paradigm shift in business.”

Meanwhile, the anniversary ceremony was held via YouTube live streaming to prevent the spread of COVID-19. The ceremony featured various contents including a congratulatory video from Kim Sang-hoo, the first CEO of CJ Freshway, awards for long-term employees, introduction of excellent partner companies, a challenge Golden Bell quiz, and a photo contest.

This content was produced with the assistance of AI translation services.