HD Hyundai Chairman Chung Ki-sun’s 2025 Pay Rises 5.3% to 2.39 Billion Won

HD Hyundai Chairman Chung Ki-sun delivers New Year’s remarks at ‘Opening 2026’ at the company’s Global R&D Center on Jan. 5. [Photo=HD Hyundai]

Chung Ki-sun, chairman of HD Hyundai, received about 2.39 billion won in compensation for 2025, the company’s business report disclosed on Thursday.

According to the filing, Chung was paid 1.3 billion won by HD Hyundai and 1.09 billion won by HD Korea Shipbuilding & Offshore Engineering. That was up 5.3% from the 2.27 billion won he received in 2024 — 960 million won from HD Hyundai and 1.31 billion won from HD Korea Shipbuilding & Offshore Engineering.

The report noted that the actual increase could differ if compensation not subject to disclosure is included.

Chung is the eldest son of Chung Mong-joon, chairman of the Asan Foundation, and a third-generation member of the Hyundai founding family. He was promoted in October from executive vice chairman to chairman.

Kwon Oh-gap, honorary chairman of HD Hyundai, received a total of 15.2509 billion won, including 11.6756 billion won in severance pay.

* This article has been translated by AI.

Lee nakyeong nakk@ajunews.com