Incheon airport president and CEO resigns

Andrew Pentol


DFNIonline understands CW Lee has submitted his resignation and is to leave his position this week

CW LeeIncheon International Airport Corp (IIAC) has revealed that president and CEO CW Lee (pictured) has tendered his resignation and is to leave his position this week. An Incheon airport spokesperson told DFNIonline that a replacement is yet to be named.

Lee has served as president and CEO since 2008 during which time Seoul Incheon airport has been named Best Airport Worldwide for seven consecutive years since 2005 at the Airport Service Quality Awards by Airports Council International (ACI). Last year he became an ACI World Governing Board member and has been working for the ACI Asia/Pacific Regional Board as regional board director since October 2008.

Between 2008 and 2010 Lee helped to increase the airport's revenue by 40% and net profit grew by 300%. Under his stewardship Incheon remained one of the world's largest airport duty-free locations and among recent highlights is the opening in 2011 of the first ever Louis Vuitton airport shop.

Prior to joining Incheon airport Lee served as CEO of GE Healthcare Asia-Growing Market since 2002 having been with the company for 19 years. During his 40-year career he also spent at 18 years at Samsung in various roles.

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