Cho, 35, oversaw marketing and advertising at the South Korean flag carrier, a company founded by her grandfather. Korean Air Chairman Cho Yang-ho, her father, sought to appease critics by announcing the resignation of his two daughters from their executive positions last month. The latest problems snowballed to engulf the Cho family as Korean Air employees accused the family of other alleged wrongdoing. The allegations have incensed the public as local media reported leaked voice recordings and videos purporting to show Cho family members mistreating Korean Air employees. When he took office in 2017, South Korean President Moon Jae-in promised to work to curb the influence of founding families of the country’s big chaebol, or huge conglomerates like Samsung, Hyundai and Korean Air that dominate the South Korean economy.

Source: National Post May 01, 2018 01:52 UTC