CXO Research Institute Investigates Stock Valuation of Executives in 141 Companies with Market Cap Over 2 Trillion
Lee Jeong-ho of Rainbow, Kim Jeong-hoon of Krafton, Ji Hee-hwan of Pearl Abyss Exceed 100 Billion Won
Lee Jeong-ho, CEO of Rainbow Robotics, a robot company in which Samsung Electronics has invested, has the highest stock valuation among non-owner executives of companies with a market capitalization exceeding 2 trillion KRW, amounting to 142.8 billion KRW. Kim Jeong-hoon, CEO of Rising Wings, a subsidiary of Krafton, and Ji Hee-hwan, Chief Technology Officer (CTO) of Pearl Abyss, were also stockholders with valuations exceeding 100 billion KRW.
On the 31st, CXO Research Institute, a corporate analysis specialist, announced the results of the analysis titled "2023 Domestic Stock Items Non-owner Executives and Shareholders Stock Valuation Status." The valuation was calculated based on the closing price on the 25th.
The survey found that among 141 non-owner executives of companies with a market capitalization exceeding 2 trillion KRW, 3,568 held at least one share of company stock. Among them, 2,155 executives had stock assets under 100 million KRW, 173 had over 1 billion KRW, and 22 had over 10 billion KRW.
There were three non-owner executives with stock valuations exceeding 100 billion KRW. The top non-owner stockholder was Lee Jeong-ho, CEO of Rainbow Robotics, holding 1,325,060 shares. Multiplying by the closing price of 107,800 KRW results in a valuation of 142.84 billion KRW. The stock valuation of Heo Jeong-woo, Technical Director of the company, was 42 billion KRW, and Lim Jeong-su, Technical Director, had 36.1 billion KRW.
Second place was Kim Jeong-hoon, CEO of Rising Wings, an independent studio under Krafton. He held 843,275 shares. Multiplying by the closing price of 155,100 KRW results in a valuation of 130.79 billion KRW. In June last year, the stock valuation was around 210.8 billion KRW. The value per common share of Krafton dropped from 250,000 KRW in June last year to the 150,000 KRW range. Four non-owner stockholders, including Kim Chang-han, CEO of Krafton (85 billion KRW), joined the 10 billion KRW club.
Third place was Ji Hee-hwan, CTO of Pearl Abyss, holding 2,243,520 shares. Multiplying by the closing price of 44,950 KRW results in a valuation of 100.85 billion KRW.
Scott Samuel Brown, an inside director of HYBE, the company behind BTS, held stocks worth 85.8 billion KRW, and Kim Shin-gyu, Chief Management Officer (CAMO), held 20.8 billion KRW, both joining the 10 billion KRW club.
At EcoPro BM, where stock prices surged in the first half of the year, three individuals joined the 10 billion KRW club: President Choi Moon-ho (41.7 billion KRW), shareholder Kim Byung-hoon (38.4 billion KRW), and shareholder Heo Tae-kyung (27.3 billion KRW). Kim Byung-hoon is CEO of EcoPro Materials, a group affiliate, and Heo Tae-kyung is CEO of EcoPro AP.
In the bio industry, at Celltrion, two executives exceeded 10 billion KRW in stock valuation: Kim Hyung-gi, CEO of Celltrion Healthcare (21.2 billion KRW), and Ki Woo-sung, Vice Chairman and CEO (19.3 billion KRW). The combined stock valuation of Celltrion Healthcare shares held by CEO Kim was about 29.5 billion KRW. Lee Sang-mi, Executive Director of Alteogen, a biopharmaceutical company, also made the list with 10.7 billion KRW.
In the financial sector, Kim Yong-beom, Vice Chairman and CEO of Meritz Financial Group, held stocks worth 16.4 billion KRW.
Oh Il-seon, Director of CXO Research Institute, said, "This year, no non-owner executives with stock valuations exceeding 10 billion KRW emerged from the top 10 domestic companies by market capitalization, including Samsung Electronics," adding, "Rather than manufacturing, many non-owner stockholders appeared in new industries such as robotics, bio, and entertainment."
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