From Tire Review

SEOUL, Korea -- Kumho Asiana has a new boss, and he's a familiar face to those at the company.
 
Park Sam Koo has returned as chairman of Kumho Asiana, and, according to South Korean business reports, has already acted on a restructuring effort that will eliminate some 20 percent of the reconfigured company’s executives.
 
The main targets of his restructuring effort, reports said, were Kumho Tire and Kumho Industrial.
 
“Kumho Tire will lay off more than 10 percent of its executives, lowering the total to 36,” said one official. Kumho Industrial recently cut its executive rolls by 20 percent.
 
“That’s mainly due to the continued dismal performances by the two affiliates. Before the layoffs, the chairman met with 120 executives from the group’s affiliates, to check on the business situation that he was facing," the official said.
 
"Chairman Park is showing his eagerness to control the group completely with the personnel restructuring," said another official.