Back To Top
Doosan Group execs to forgo 30% of their wages
Doosan Group execs to forgo 30% of their wages
IndustryApr 2, 2020
Doosan Group said Thursday that its chairman Park Jeong-won and other executives will forgo their salaries by 30 percent as part of efforts to help normalize troubled affiliate Doosan Heavy Industries & Construction. Doosan Group said the pay cuts will affect executives of all of its affiliates, including Doosan Heavy, beginning this month. Still, no specific time frame was given for when the pay cuts will remain in effect. Doosan Heavy, South Korea's largest power equipment maker, said ab