Former Kiwoom Securities CEO Hwang Hyun-soon, who resigned last year taking moral responsibility for the Yeongpung Paper unpaid receivables incident, received 1.4 billion KRW as compensation in the first half of the year.


Former Kiwoom Securities CEO Hwang Hyun-soon Received 1.4 Billion KRW in Compensation in the First Half of This Year View original image

According to the semi-annual report disclosed by Kiwoom Securities on the 12th, former CEO Hwang received a total of 1.41 billion KRW, including severance pay of about 1.2 billion KRW, salary income of 135 million KRW from January to March, bonuses of about 60 million KRW, and other income of about 20 million KRW.


Former CEO Hwang's compensation was the highest among Kiwoom Securities employees in the first half of the year. Kim Dae-wook, head of the S&T Solutions Division, received 988 million KRW, and former Vice President Park Yeon-chae received 923 million KRW, following him.


Former CEO Hwang voluntarily resigned last year, taking moral responsibility for the Yeongpung Paper unpaid receivables incident.


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Afterwards, he remained as an unregistered CEO for a while due to reasons such as work handover, completely left Kiwoom Securities in March this year, and is currently serving as the CEO of Saramin, an affiliate of the Daou Kiwoom Group.


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