President resigned over prolonged wage disputes: Kia Motors
Workers held partial strike from August to October
10/31/2014|labour-reporter.com|Last Updated: 10/31/2014
SEOUL (Reuters) - Kia Motors on Friday said its president, Lee Sam-ung, has resigned to take responsibility for "enormous" production losses caused by recent strikes by its South Korean labour union during wage talks.
The automaker said it has replaced Lee with Kia's former chief financial officer, Park Han-woo.
Kia's domestic union held a partial strike from August to October over wage disputes, stopping the automaker from making 32,142 vehicles at its biggest production base.