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[Economy] More than half of S. Korea's public institutions suffer from CEO vacancies

11 Jul 2024
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"More than half of the 41 public institutions under the Ministry of Trade, Industry, and Energy in South Korea are currently without a CEO, with 23 of them experiencing this leadership vacancy.

Among the 17 public enterprises, 12 (70%) are without a CEO. Despite the government’s recent efforts to replace heads of these institutions following the April general elections and the public institution management evaluations last month, the typical process of document reviews, interviews, personnel verification, and general meetings means it usually takes 3 to 4 months to appoint a new CEO."

- The Chosun Daily, Lee Jung-soo

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