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Today (August 27) 8 o'clock news will tell you in detail from news that shareholders' power of large corporations to withdraw from position for the first time. Chairman of the Hanjin Group, Cho Yang-ho, will step down as CEO of Korean Air after 20 years of opposition from shareholders. The National Pension and minority shareholders, who are the owners of the nation, are collecting their strengths and asking for responsibility to the general public who made social woes.

Today's first news reporter Park Chan-geun.

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Korean Air's shareholders' meeting, which was held in a face-to-face meeting with Chairman Cho Yang-ho for the reappointment of internal directors,

Shareholders who opposed the succession criticized that deviations from the total number of households had undermined corporate value and returned to shareholder value.

[Kim Nam-keun / Minority Shareholder Representative: (Chairman Cho) Did the Board of Directors properly manage and supervise the case that the agent paid the interim fee and damaged the company more than 19.6 billion won (please answer)

In the subsequent vote, 64.1 percent of respondents and 35.9 percent of the attending shareholders showed favorable results, and Joe, who lacked 2.6 percent from 66.67 percent of the votes required for his reelection, lost his position as director.

[UGHI / Korean Air CEO: I declare that I was rejected because I did not meet two-thirds of the quorum of the articles of association.]

A small number of minority shareholders and foreign shareholders voted in favor of the National Pension, the second largest shareholder.

This is why Chairman Jo has stepped down from his position as chief executive officer of the founder, Cho Jung-hoon, in 20 years.

This is the first case where the national pension and shareholders, who are the owners of the nation, withdrew from the CEOs the total number of large corporations that caused social controversy.

Korean Air is reported to be considering ways to deal with Joe's future.

(Video coverage: Dae Woong Woong, video editing: Kim Ho Jin)