[Asia Economy Reporter Oh Ju-yeon] Shin Dong-bin, chairman of Lotte Group, received a total of approximately 14.98 billion KRW from Lotte Holdings and seven affiliates last year.


According to the business report on the 31st, Chairman Shin received 3.063 billion KRW in salary and 455 million KRW in bonuses from Lotte Holdings last year, totaling 3.517 billion KRW.


He also received 3.5 billion KRW from Lotte Chemical, 1.9 billion KRW from Lotte Confectionery, and 1.753 billion KRW from Hotel Lotte. From Lotte Shopping and Lotte Chilsung Beverage, he received 1.313 billion KRW and 1 billion KRW respectively.


In 2019, Chairman Shin received salaries from seven companies including Lotte Construction, but he stepped down as CEO of Lotte Construction at the end of the same year.


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Last year, he took on new non-registered executive roles at unlisted companies Lotte Property & Development and Lotte Rental, receiving 1 billion KRW each, thus receiving salaries from a total of eight companies.


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