Business
Doosan chief offers to quit, taps nephew as successor
March 2, 2016
Doosan Group plans to elect Park Jeong-won, head of Doosan Corp., as the industrial conglomerate’s new chairman when it holds a shareholders’ meeting on March 25, group officials said Wednesday.Park, 54, will replace group chairman Park Yong-maan, who also heads the Korea Chamber of Commerce and Industry.Doosan Group chairman Park Yong-maan (right) and his nephew Park Jeong-won who was tapped as his successor (Yonhap)The officials said the board of Doosan Corp, the group’s holding company, recom