Korean Air chairman steps down as CE of budget affiliate Jin Air

Korean Air Lines chairman Cho Yang-ho has stepped down from his post of co-CE at budget affiliate Jin Air, amid growing pressure on the members of the airline giant's controlling family to stay away from management. Cho Yang-ho has been replaced as co-CE by Kwon Hyuk-min, currently the head of maintenance at Jin Air. Cho, however, retains his post as an internal board director. The management change comes at a time when the airline group is already under fire over bad behaviour by Cho's younger daughter, Cho Hyun-min, who allegedly threw water at an attendee of a business meeting last month. In response to the public backlash over what is seen as unchecked bad behaviour by the rich and powerful, Cho Yang-ho has publicly apologised and made his daughters step down from their positions at the airline. <br/>
Reuters
https://www.nytimes.com/reuters/2018/05/10/business/10reuters-jin-air-ceo.html
5/10/18