State pension fund to oppose Korean Air CEO’s re-election to board

FILE PHOTO: Korean Air Lines Chairman Cho Yang-ho arrives at a prosecutor's office in Seoul, South Korea, June 28, 2018. REUTERS/Kim Hong-Ji

SEOUL (Reuters) – South Korea’s National Pension Service (NPS) said on Tuesday it will vote against extending Cho Yang-ho’s term as a board director at scandal-hit Korean Air Lines Co Ltd. Cho controls South Korea’s top airline, and is its CEO and chairman. NPS’s opposition to his staying on the board is the latest example […]

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