Orion Group Conducts Regular Executive Personnel Changes... Owner's Third Generation Damsawon Promoted to Executive Director

Damsawon Orion Management Support Team Senior Manager. / Photo by Orion

[Asia Economy Reporter Song Seung-yoon] On the 27th, Orion Group carried out its 2023 regular personnel reshuffle, promoting Dam Seowon, the eldest son of Chairman Dam Cheol-gon, to Managing Director in charge of management.

Newly appointed Managing Director Dam was born in 1989 and is the eldest son among Chairman Dam’s two children. He joined Orion last July. He graduated from New York University and worked at Kakao Enterprise before being promoted to an executive position just 1 year and 5 months after joining. This personnel reshuffle is expected to further strengthen Orion’s third-generation management.

In this regular personnel reshuffle, all executives of the group were retained. Despite uncertain external environments such as COVID-19 and the Russia-Ukraine war, all subsidiaries are expected to achieve high growth exceeding market forecasts this year, leading to promotions focused on talents with outstanding performance and capabilities.

Jongyul Park, CEO of Orion Russia Corporation. / Photo by Orion

In this personnel reshuffle, Park Jong-yul, CEO of the Russian subsidiary, was also promoted to Executive Director. Park, who joined Orion in 1994, has served as the head of the Iksan factory and head of production at the Russian subsidiary, and has been CEO of the Russian subsidiary since 2020. He was highly evaluated for successfully completing the Tver new plant construction project and leading the high growth of the Russian subsidiary through diversification of locally produced products such as Choco Pie and biscuits.

As part of strengthening localization, two individuals were appointed as the first foreign executives: Saurabh Sais, CEO of the Indian subsidiary, and Jingbei, head of marketing at the Chinese subsidiary.

An Orion official said, "By expanding the scope of executive promotions based on the principle of meritocracy and retaining all group executives, we have solidified a stable foundation to grow into a global comprehensive food company."

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