Cha Biotech Names Vice Chairman Cha Won-tae as CEO

Cha Biotech said its board met on Tuesday and appointed Cha Won-tae, vice chairman of the CHA Hospital and Cha Bio Group and chief sustainability officer at Cha Biotech, as CEO.

Cha is the eldest son of Cha Kwang-ryul, global research institute director at CHA Hospital and Cha Bio Group and the group’s founder, and the grandson of the late Cha Kyung-seop, honorary chairman of CHA University and CHA Hospital, the company said.

He earned a bachelor’s degree in biological anatomy from Duke University, a master of public health from Yale University, an MBA from the Massachusetts Institute of Technology, and a doctorate in health science from Yonsei University. He previously served as chief operating officer of CHA Health Systems, which runs Hollywood CHA Hospital in Los Angeles, and as chief strategy officer at Hollywood CHA Hospital, and later was president of CHA University.

In September last year, he was named vice chairman of the CHA Hospital and Cha Bio Group and CSO at Cha Biotech. In January, he was appointed an inside director as part of efforts to strengthen accountable management and raise corporate value.