On March 28, Park Jeong-won, the eldest son of former Doosan Group Chairman Park Yong-kon, took office as chairman of South Korean engineering and construction conglomerate Doosan Group, marking succession by a fourth-generation heir.
At the inauguration ceremony, the new chairman set store by an aggressive management style and encouraged employees not to be afraid of failure.
“Although a cloud of uncertainty hangs over the global business environment, the opportunity will present itself when we take up the challenge. Behind Doosan’s 120-year history was Doosan employees’ undaunted challenging spirit. Let’s make another 100 years of growth with the same challenging spirit,” Chairman Kim said.
To that end, he said he would focus on revamping the group's financial structure, fast-tracking the group's new businesses, discovering new growth engines and building a corporate culture that values field-oriented management.
“We will follow through with our restructuring efforts to build a sound financial structure. And we will spare no efforts in channeling our resources into the group's new businesses - duty-free operations and fuel cells -- to encourage attempts to develop a new business across the board,” he added.
He stressed: “I will make a field-oriented, aggressive management style representative of Doosan Group.”
