KOREA WHO
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President in charge of New Businesses at BGF and CEO of BGF Eco Materials
Hong Jung-hyuk
BGF Heir Intensifies Succession, Focuses on Future Materials Business
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Last Updated on Aug 14, 2025
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President in charge of New Businesses at BGF and CEO of BGF Eco Materials
Copy Url : https://www.koreawho.com/profile/HongJunghyuk- Life Summary
Hong Jung-hyuk is the President in charge of new businesses at BGF.
He also serves as CEO of BGF Eco Materials, BGF Eco Solution, and Fluorin Korea.
Overseeing the materials division, he is responsible for driving new growth engines for the BGF Group.
Born on December 10, 1983, he is the second son of Hong Suk-cho, Chairman of BGF Group.
He majored in Decision Science at the Tepper School of Business at Carnegie Mellon University in the United States and earned his MBA from Keio Business School in Japan.
He began his career at Nexon as a Global Development Manager and later worked at Mitsubishi in Japan and KPMG in Singapore.
He joined BGF, led by his father, as Head of the New Business Development Office (Executive Director) and was appointed CEO of J Eco Cycle.
He later became CEO of KOPLA, which BGF had acquired, and in 2023, after being promoted to President in charge of new businesses at BGF, he was also appointed CEO of BGF Eco Materials.
Together with his elder brother, Hong Jung-kuk, Vice Chairman and CEO of BGF, he is overseeing the group’s management succession process.
#BGF #HongJungHyuk #BGFEcoMaterials #BGFEcoSolution #FluorinKorea #KOPLA #businesssuccession #materialsindustry #CarnegieMellon #KeioUniversity
He also serves as CEO of BGF Eco Materials, BGF Eco Solution, and Fluorin Korea.
Overseeing the materials division, he is responsible for driving new growth engines for the BGF Group.
Born on December 10, 1983, he is the second son of Hong Suk-cho, Chairman of BGF Group.
He majored in Decision Science at the Tepper School of Business at Carnegie Mellon University in the United States and earned his MBA from Keio Business School in Japan.
He began his career at Nexon as a Global Development Manager and later worked at Mitsubishi in Japan and KPMG in Singapore.
He joined BGF, led by his father, as Head of the New Business Development Office (Executive Director) and was appointed CEO of J Eco Cycle.
He later became CEO of KOPLA, which BGF had acquired, and in 2023, after being promoted to President in charge of new businesses at BGF, he was also appointed CEO of BGF Eco Materials.
Together with his elder brother, Hong Jung-kuk, Vice Chairman and CEO of BGF, he is overseeing the group’s management succession process.
#BGF #HongJungHyuk #BGFEcoMaterials #BGFEcoSolution #FluorinKorea #KOPLA #businesssuccession #materialsindustry #CarnegieMellon #KeioUniversity
- Life Summary
- Career Highlights & Challenges
- · BGF Group Expands from Retail to Materials
- · Mixed Views on Management Succession Structure
- · Ownership Structure of BGF Eco Materials
- · 2025 Annual Revenue Expected to Reach KRW 400 Billion
- · Acquisition of Plastic Manufacturer Daewon Chemical
- · First Domestic Anhydrous Hydrofluoric Acid Plant, KRW 150 Billion Investment
- · Acquisition of Materials Specialist KNW for KRW 115.3 Billion
- · Chairman Hong Suk-cho Transfers Shares to Sons, Ushering in Full-Scale Third-Generation Management
- · Promoted to President, Oversees New Growth Businesses in the Group
- · Launch of BGF Eco Materials
- · Record KRW 250 Billion Investment to Acquire KOPLA
- · Tough Debut on KOSDAQ
- Vision and Goals
- Market and Social Evaluation
- Notable Incidents & Legal Affairs
- Professional Timeline
- Educational Background
- Family & Personal Connections
- Additional Information
- Notable Quotations
- Infographic & Photos