SEOUL -- The sudden death of Chairman Cho Yang-ho Sunday has left South Korea's Hanjin Group without a leader, with his eldest son's succession far from certain as an activist shareholder presses the scandal-ridden conglomerate to end family management.
Companies
Korean Air chairman's death creates leadership vacuum at Hanjin
Activist fund seeks to pry control from founding family's hands
Cho Won-tae, president of Korean Air Lines, is next in line to take over Hanjin Group, but activist investors are trying to stop the tradition of hereditary leadership. © Reuters
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