Im was transferred to a standing advisor, removing from day-to-day management. According to industry insiders on Monday, Im was appointed as a standing advisor during the group reshuffle carried out on Friday.
Some market watchers said his latest move was caused by the conflict with his wife, president of Hotel Shilla Lee Boo-jin.
"While they are proceeding with divorce, it would not be easy for Im to play a certain role in management," one industry insider said, adding, "Still, tt is not known whether the move was the decision from the top positions or done by Im himself."
lm married Lee when he was an employee of Samsung C&T Corporation in 1998 but they ended up filing for divorce in October of last year on the ground of the different personality.
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