Dam Cheol-gon, chairman of ORION Group, received an annual salary of 4.67 billion won from ORION and ORION Holdings last year. His wife, Lee Hwa-gyeong, vice chairwoman of ORION Group, received an annual salary of 3.632 billion won from these companies.
According to the Financial Supervisory Service's electronic disclosure system on the 18th, Chairman Dam received a total of 3.082 billion won last year, which includes a salary of 1.513 billion won and a bonus of 1.569 billion won from ORION. He received 1.588 billion won from ORION Holdings, which includes a salary of 780 million won and a bonus of 808 million won.
Vice Chairwoman Lee received 2.397 billion won and 1.235 billion won from ORION and ORION Holdings, respectively, last year. ORION noted, "We considered contributions to improving the sales structure in China, launching new products in Vietnam, and expanding supply capabilities in Russia."
The couple's combined annual salary totals 8.32 billion won. Meanwhile, Heo In-chul, vice chairman of ORION Group, received 2.397 billion won from ORION and 1.235 billion won from ORION Holdings last year, equal to that of Vice Chairwoman Lee. Lee Seung-jun, CEO of ORION, received 1.457 billion won.
An ORION official noted, "Owners and professional managers receive the same level of compensation according to the same regulations, depending on their position."