Shinsegae Group Appoints Kim Honggeuk as Co-CEO of E-Mart and SSG.com
PRIVATEOct 23, 2026
Position
Chief Executive Officer
Company
Shinsegae
Chung Yongjin
Beijing
Description
Shinsegae Group has announced the appointment of Kim Honggeuk as co-CEO of E-Mart, where he will also lead SSG.com. This decision is part of a larger effort to revitalize the group amid challenging market conditions, with significant leadership changes including the return of Chairman Chung Yongjin as co-CEO.
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Company Information
Company
Shinsegae
Location
Beijing, Beijing, China
About
The company was looking to invest the proceeds of the IPO in its logistics infrastructure and information technology, a report by Yonhap News Agency had stated. The company retails apparel, food, fashion goods, beauty products, and other related products. In August last year, the private equity firm partnered with Permira and GS Retail Co Ltd to buy Delivery Hero’s food delivery app, Yogiyo, in a deal valued at 800 billion won ($685 million).
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