Seoul Arts Center President Resigns
By Chung Ah-young
Staff Reporter
Shin Hong-soon, 68, president of the Seoul Arts Center (SAC), tendered his resignation for health reasons Saturday, according to the Ministry of Culture, Sports and Tourism.
The ministry said that it would soon decide whether it would accept his resignation.
The former CEO of LG International Corp. was appointed as president of the center in July of last year. Shin was under fire after the government's audit on the institution revealed poor results in both business and the management of the organization in February.
Born in Seoul in 1941, Shin graduated from Kyunggi High School in 1959 and Yonsei University in 1963.
He entered LG Chemical in 1966 and served as president of LG International Corp. in 1991.
After retiring from business management, he worked as a professor at the graduate school of industrial art at Hongik University from 1999 to 2005 and was dean of the Graduate School of Cultural Business Entrepreneurship at Yewon Art University located in North Jeolla Province from 2005 to 2006.