<Anchor>
Namyang Dairy is currently in the greatest crisis due to the'self-announcement' controversy that its dairy products suppress coronavirus. In this situation, Namyang Dairy Chairman Hong Won-sik resigned, saying that he would take responsibility for the controversy. He also said he would not hand over management rights to his children.
This is reporter Kim Jung-woo.
<Reporter>
Three weeks after controversy over the announcement of research results that the company's dairy product, Bulgaris, has the effect of suppressing the Corona 19 virus, Namyang Dairy Chairman Hong Won-sik resigned after announcing a public apology.
[Hong Won-sik/Chairman Namyang Dairy: It seems that he was unable to escape from the framework of the old-fashioned thinking and did not meet the expectations of consumers.]
Past events that caused national anger were also discussed.
[Hong Won-sik/Chairman of Namyang Dairy: (2013) The push-out case and our maternal nephew Hwang Hana case. We apologize for the online comments that occurred last year.] We
cried that we would not hand over management rights to our children.
[Hong Won-sik/Chairman of Namyang Dairy: I will not hand over management rights to my children.]
Hong Jin-seok, the eldest son of Chairman Hong, seems to be conscious of the fact that he is responsible for this incident and is suspicious of misappropriation of his money.
However, it did not come up with a concrete management reform plan that would break away from the closed family governance structure.
After the Bulgari crisis, Namyang faced the biggest crisis since its inception, such as police investigation and boycott of the Sejong Plant business suspension.
In the news of the resignation of the chairman, Namyang Dairy's stock price surged by up to 30% during the day and then rose 9.52% based on the closing price, and the market responded positively.
However, it will take some time to restore the market confidence and image, which has fallen due to repeated bad news.