Hyundai Motor Chief Earned $13 million Last Year

Newswire

SEOUL, March 31 (Reuters) - Hyundai Motor Co chairman Chung Mong-koo earned a combined 14 billion Korean won ($13.09 million) in pay last year from the South Korean automaker and its two key affiliates in their first such disclosure under new rules. Chung, a son of the automaker's founder, received 5.6 billion won from Hyundai Motor and 4.2 billion won each from its steelmaking unit, Hyundai Steel Co, and its parts supplier, Hyundai Mobis Co Ltd, Hyundai Motor said in its filing with the ...

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