It has been confirmed that employees are currently voting to demand the resignation of CEO Lee Han-jun at the Korea Land and Housing Corporation (LH).
According to a report by ChosunBiz on the 23rd, the LH labor union is conducting a "full-scale strike vote for all members" to gather opinions on CEO Lee's management. As of the 22nd of this month, the member voting rate recorded 99%, and the results will be announced on the 24th.
The union pointed out that CEO Lee Han-jun is lenient with his own faults but imposes strict double standards on LH members.
In a statement accompanying the vote, the union noted, "Since CEO Lee Han-jun's inauguration in November 2022, the democratic decision-making structure has been thoroughly dismantled, leading to his autocratic and fear-based management. The organizational structural issues such as 'the floor slab situation' and 'a shortage of court supervision personnel' have been blamed on individual members, resulting in acts of accusing union members, and he has provided no clarification regarding the 'allegations of dual positions' and 'recruitment corruption' that became controversial during last year's government audit."
The union added, "Initially, CEO Lee advocated for reducing the liability ratio and decreasing rental purchases, but now, under the pretext of reducing liabilities, he publicly disparages the organization by claiming that employees are not working and has taken on rental volume reaching over 50,000 dwellings without any countermeasures, thereby paving the way for the future of the organization to become uncertain by significantly easing purchase standards and acquiring a large quantity of substandard dwellings."
The union emphasized, "We plan to listen to opinions on whether we can trust and entrust LH's management to CEO Lee for the remainder of his term, and then take immediate action."
Synthesizing the opinions of LH officials, the fundamental reason for this demand for CEO Lee's resignation is dissatisfaction with internal personnel matters this year.
An LH official, referred to as Person A, stated, "Since LH is a public institution, promotions and personnel matters are very important," adding that "when looking at this year's LH appointments, promotions have been concentrated in the rental purchase-related department, while other departments that expected promotions have faced numerous rejections. "
Another LH official, referred to as Person B, remarked, "It is unacceptable to neglect the promotions of employees in other departments who have been working hard or are stationed at headquarters while giving all the credit to the rental purchase-related department pushed by CEO Lee for promotions."
However, even if the LH union vote receives the support of more than half of the members, there is no authority to force the resignation of CEO Lee.