Hyun Jeeseon, Chairman of Hyundai Department Store Group, Receives 'Korea Manager Award'

Selected by Korea Management Association Evaluation Institute

Jung Ji-sun, Chairman of Hyundai Department Store Group.

Jung Ji-sun, Chairman of Hyundai Department Store Group (pictured), received the '2022 Korea Manager Award' from the Korea Management Association.

Hyundai Department Store Group announced on the 30th that Chairman Jung was awarded the '2022 Korea Manager Award' at the 52nd Korea Manager Award ceremony held on the 27th at the Grand Hyatt Seoul Hotel in Hannam-dong, Seoul. The 'Korea Manager Award' has been presented by the Korea Management Association since 1969 to respected managers who have led domestic economic development.

Chairman Jung was recognized for presenting the future direction of offline distribution through the successful opening of 'The Hyundai Seoul' in Yeouido, Seoul last year. He personally oversaw everything from establishing the development concept to space composition, integrating innovative space design, world-class content curation, and future-oriented technologies. Despite the COVID-19 situation, The Hyundai Seoul surpassed 800 billion KRW in sales within one year of opening, and it is expected to achieve annual sales of 1 trillion KRW in the shortest period in the department store industry.

He is credited with leading Hyundai Department Store Group's remarkable growth through bold mergers and acquisitions (M&A) and business diversification. By completing a business portfolio centered on 'distribution, fashion, living & interior, and food,' he contributed to the group's leap forward as a leading comprehensive lifestyle culture group in Korea. Last year, the group also announced 'Vision 2030,' outlining its future blueprint and business direction with the goal of becoming a 100-year company.

Chairman Jung, based on his philosophy that "we must create a good corporate culture where employees want to come to work," has led the establishment of a 'work-family balance' culture in the distribution industry. In 2006, he founded the 'Hyundai Department Store Group Social Welfare Foundation' to improve the welfare of children, the future generation, and conducts eco-friendly campaigns tailored to the characteristics of each affiliate. In April, the group announced its integrated ESG (Environment, Social, Governance) brands 'Re.Green' and 'We.dream,' strengthening its commitment to ESG management.

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