{"id":119527,"date":"2026-08-14T14:07:09","date_gmt":"2026-08-14T14:07:09","guid":{"rendered":"https:\/\/www.europesays.com\/korea\/119527\/"},"modified":"2026-08-14T14:07:09","modified_gmt":"2026-08-14T14:07:09","slug":"doosan-chairmans-h1-pay-jumps-to-45-6-billion-won-on-stock-surge","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/korea\/119527\/","title":{"rendered":"Doosan Chairman’s H1 Pay Jumps to 45.6 Billion Won on Stock Surge"},"content":{"rendered":"

\"ParkPark Jeong-won, Chairman of Doosan Group. Photo courtesy of Doosan<\/p>\n

Park Jeong-won, chairman of Doosan Group, received 45.58 billion won ($32.8 million) in total compensation in the first half of this year.<\/p>\n

According to a semiannual report filed by Doosan Corp. (000150.KS) on the 14th, Park received 1.82 billion won in salary, 6.17 billion won in short-term incentives and 37.59 billion won in restricted stock units (RSUs) during the first half, for a total of 45.58 billion won.<\/p>\n

While his base salary and short-term incentives were roughly in line with last year, his total compensation rose sharply because the valuation of the RSUs \u2014 granted three years ago and paid out earlier this year \u2014 climbed more than 13-fold.<\/p>\n

In 2022, Doosan overhauled its long-term incentive program, which had previously paid all executives in cash, and now operates an RSU system that grants shares subject to a three-year transfer restriction in place of cash.<\/p>\n

The RSUs reflected in this year’s first-half compensation were 32,266 shares granted in 2023. Based on the share price of 88,016 won at the time of the grant, they were worth about 2.84 billion won. But by the payout in February this year, Doosan Corp. shares had risen to 1.165 million won \u2014 roughly 13.2 times the level at the time of the grant \u2014 lifting their valuation sharply to 37.59 billion won.<\/p>\n","protected":false},"excerpt":{"rendered":"Park Jeong-won, Chairman of Doosan Group. Photo courtesy of Doosan Park Jeong-won, chairman of Doosan Group, received 45.58…\n","protected":false},"author":2,"featured_media":119528,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[27],"tags":[410,1044,409,408,5985,61899,26426,20943,13240],"class_list":["post-119527","post","type-post","status-publish","format-standard","has-post-thumbnail","category-doosan","tag-doosan","tag-doosan-corp","tag-doosan-enerbility","tag-doosan-group","tag-executive-compensation","tag-first-half-pay","tag-park-jeong-won","tag-restricted-stock-units","tag-rsu"],"_links":{"self":[{"href":"https:\/\/www.europesays.com\/korea\/wp-json\/wp\/v2\/posts\/119527","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/korea\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/korea\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/korea\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/korea\/wp-json\/wp\/v2\/comments?post=119527"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/korea\/wp-json\/wp\/v2\/posts\/119527\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/korea\/wp-json\/wp\/v2\/media\/119528"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/korea\/wp-json\/wp\/v2\/media?parent=119527"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/korea\/wp-json\/wp\/v2\/categories?post=119527"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/korea\/wp-json\/wp\/v2\/tags?post=119527"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}