[Breaking] Hong Won-sik, Chairman of Namyang Dairy Products, "I will step down as chairman... Sincerely apologize to the public who were angered"
![[Breaking] Hong Won-sik, Chairman of Namyang Dairy Products, "I will step down as chairman... Sincerely apologize to the public who were angered"](http://www.asiae.co.kr/news/img_view.htm?img=2020120409454047289_1607042740.png)
Hong Won-sik, chairman of Namyang Dairy Products, announced on the 4th that he will resign to take responsibility for the 'Bulgaris incident.'
On the same day, Chairman Hong held a press conference at Namyang Dairy Products headquarters in Gangnam-gu, Seoul, stating, "I sincerely apologize to all the citizens who were disappointed and angered by the controversy surrounding our company's Bulgaris, as well as to the employees, franchisees, and dairy farmers who have been further hurt and are going through difficult times on the ground."
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He continued, "To take responsibility for all of this, I will step down from my position as chairman of Namyang Dairy Products," adding, "I will not pass on the management rights to my children."
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