Samsung Electronics and SK hynix Stock Surge Boosts Executive Holdings... Roh Taemoon Joins 20 Billion Won Club, Kwak Nojung Enters 10 Billion Won Club

Korea CXO Institute Analyzes Stock Assets of Non-Owner Executives
Number Surges from 31 Last October to 173 This Month

As stock prices for Samsung Electronics and SK Hynix continue to rise, the number of non-owner executives at these companies whose stock valuation exceeds 1 billion won has surpassed 170. Roh Tae-moon, CEO and Head of the Device eXperience (DX) Division at Samsung Electronics, recorded the highest valuation at over 20 billion won, while SK Hynix President Kwak Nojeong also drew attention by joining the "10 billion won club" for the first time.

The Korea CXO Institute, a corporate analysis firm, announced these findings on April 22 as it released the results of its "Stock Valuation Analysis of Non-Owner Executives at Samsung Electronics and SK Hynix." The study targeted both registered and non-registered executives listed in the regular reports of Samsung Electronics and SK Hynix. The stock valuation was calculated as of the previous day by multiplying the number of shares held by each executive by the closing price per common share. The shareholding status was referenced from each executive's "Report on Ownership of Securities by Executives and Major Shareholders" as disclosed in the Financial Supervisory Service’s electronic disclosure system.

According to the analysis, the total number of non-owner executives with stock valuations exceeding 1 billion won stood at 173. This figure is more than five times higher than the 31 executives identified in the previous survey conducted on October 24 of last year. The primary factor behind this surge was identified as the sharp rise in share prices. On October 24 of last year, Samsung Electronics' closing price per common share was 98,800 won, falling short of 100,000 won. However, as of April 21, the price soared to 219,000 won, marking an explosive 121.7% increase over six months. During the same period, SK Hynix shares jumped from 510,000 won to 1,224,000 won, representing an increase of approximately 140%.

The executive with the highest stock valuation overall was Roh Tae-moon, President of Samsung Electronics. He holds 98,557 shares of Samsung Electronics, which, based on the previous day's closing price, amounts to 21,583,980,000 won. This puts him firmly in the ranks of executives with assets exceeding 20 billion won solely from stocks. At the same company, President Park Hakkyu ranks second, holding 60,519 shares valued at 13,253,660,000 won.

The "Top 3" is rounded out by an executive from SK Hynix. President Kwak, who owns 8,434 shares of SK Hynix, has a valuation of 10,323,210,000 won based on the previous day's closing price. He is the first non-owner executive at SK Hynix to join the "10 billion won club" in terms of stock assets.

Executives in the 6 to 7 billion won range were dominated by those from Samsung Electronics. They include Executive Vice President Yoo Byunggil (7,350,510,000 won), Vice Chairman Jeon Younghyun (7,180,350,000 won), Vice Chairman Chung Hyunho (7,130,420,000 won), President Kim Yonggwan (7,042,600,000 won), and President Kim Sumok (6,693,510,000 won).

Oilseon, Head of the Korea CXO Institute, stated, "As of October last year, executives at Samsung Electronics with stock valuations in the 5 billion won range and those at SK Hynix in the 2 billion won range were considered to be at relatively high levels. However, in the past six months, due to the rise in share prices and other factors, these figures have jumped significantly to the 20 billion won and 10 billion won ranges, respectively." He added, "In the second quarter, the number of executives at both companies with stock valuations exceeding 1 billion won is expected to surpass 200."

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