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Hyundai Glovis chief rated as top local CEO

The president of Hyundai Glovis Co., a logistics unit of South Korean auto giant Hyundai Motor Group, has been rated as the best performer among CEOs of the country's top 500 companies, data showed Thursday.

According to the data by market researcher CEO Score, Kim Kyung-bae received 64.5 points out of a possible 100 in an assessment of CEOs' management performances in 2015. The Hyundai Glovis CEO placed second last year.


Cho Hwan-eik, president of state-run Korean Electric Power Corp., and Park Sung-wook, CEO of chip giant SK hynix Inc., shared the No. 2 spot with a score of 63 points.

The assessment covered 464 CEOs of companies with annual sales of over 5 trillion won, who held the post for one year or longer.

It analyzed five categories, such as on-year growth rate of sales, the return on equity, the debt ratio and the growth rate of employment. Twenty points were allotted to each category.

According to CEO Score, Kim's ranking moved one spot higher thanks to Hyundai Glovis' high employment last year. The logistics company's employment expanded 9.4 percent in 2015 from the previous year, the second-highest among its peers and the fourth-highest among the top 500 companies.

KEPCO President Cho earned high points in the ROE category, while the SK hynix CEO scored high in ROE and debt ratio categories, said CEO Score, which tracks the country's conglomerates. (Yonhap)

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