오정후 is a Senior Executive Director 전무 at BGF Retail Co Ltd. They is proficient in English.
Bgf Retail Co Ltd
View- Website:
- bgfretail.com
- Employees:
- 298
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Senior Executive Director 전무Bgf Retail Co LtdIncheon, South Korea -
Senior Executive Director 전무Bgf Jan 2016 - Present서울After the honorable exit, I joined BGF retail, the largest convenient store company in Korea operating 15,000 CU stores, with a $7B annual revenue, 2,300 employees as CSO. My main mission is affiliate management, M&A and PMI operations. Also, in the case of an acquisition company with a size of acquisition or a difficult acquisition, I took over as the CEO and performed a turn around. In 2016, we took over SouthSprings, a private membership golf club. Through PMI process, we turned it into a public golf club. After one year, this company recorded $10M revenue, $1.5M operating profit from $5M revenue, $5M operating loss. In 2018, BGF acquired Hellonature, the first online fresh food retail company in Korea established 2012, from SK planet by new stock issuance of $30M. While I was CEO of hellonature, sales have tripled and operating loss rates have decreased from -70% to -25% in two years. I expect turn around in 2022. -
Ceo 대표이사헬로네이처 Jun 2018 - Jun 2022신사동Www.hellonature.net
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CeoSouth Springs Country Club Mar 2016 - Dec 2016Icheon, Gyeonggi-Do, Koreawe took over SouthSprings, a private membership golf club. Through PMI process, we turned it into a public golf club. After one year, this company recorded $10M revenue, $1.5M operating profit from $5M revenue, $5M operating loss
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Cfo, CioTaihan Electric Wire Co Jan 2010 - Sep 2015I next joined Taihan electric wire co.(TEC) in 2010, the second largest cable manufacturer in Korea, with $2B annual revenue and 1.500 employees. The first task as CIO was directing process business reengineering projects. However due to impellent unrelated diversifications, the company was placed in a financially irrecoverable state with a $2B financial loss. At the end of 2011, TEC recorded short term loan of more than $3B including contingent liabilities and spent $200M for interest payment. In 2012, the company severely suffered from low liquidity and eventually entered into a pre-workout with 11 major banks. In the crisis, my position was changed to CFO, and I had to be in the middle of all this. During a challenging 4 year period of remaining as CFO, I overcame a liquidity crisis via capital funding, including unsecured syndicated loan and issuing new stocks, of $1.2B in total. And I decreased debt and contingent liability via financial and business restructuring by $2B. After 4 years of effort, the company normalized, and I was successful in selling it to PE. CFO (Chief Financial Officer) 2012.2 ~ 2015.9• Overcame a liquidity crisis via capital funding, including unsecured syndicated loan, of $1.2B in total• Decrease debt and contingent liability via financial and business restructuring by $2B • Sold the company to Private Equity CIO (Chief Information Officer) 2011.1 ~ 2012.1 • Led a $15M Process Innovation project to secure transparency, accuracy and timeliness of information: project scope covers as-is analysis, 20 change drivers selection, to-be model design and SAP system installation CFO of NAMKWANG CONSTRUCTION, a TEC Subsidiary 2010.1 ~ 2010.12Namkwang underwent unsecured governance, low liquidity and impairment of capital. As such, it financially overburdens its parent company TEC and resolving its financial issues was pivotal to turn TEC around. • Procured unsecured syndicated loan of $170M to minimize the negative impacts to TEC -
Senior ExcutiveIgm Jul 2007 - Dec 2009Worked as a COO/faculty in Institution of Global Management(IGM), an educational facility for CEO/executives. Only 2 years after I joined the company’s revenue volume went from $2.5M to $10M. I launched an educational program for the second generations of Korean conglomerates and acted as head of faculty. This resulted in a human network that is personally valuable to this day. Head of Knowledge Club 2008.6 ~ 2008.12 • Launched a new format of sharing knowledge between CEOs by reinforcing municipal network • Recruited over 450 registered members in a year Head of Contents Development Department 2007.7 ~ 2008.6• Led the core function team responsible for contents development, training program design and research • Improved average program evaluation score to 9.3 from 8.5 by in-sourcing education contents generation and hiring and training 20 professional researchers -
ManagerAccenture Jul 2000 - Jun 2007I started my career at Accenture. There I specialized in business reengineering projects in the product and retail operating group. The expertise I gained through tasks in the fields of sales/manufacturing/purchasing/logistic process gave me distinguished advantages in restructuring practice. I was ranked as a top 5% performer for 7 consecutive years. • Project concentration on Strategy, Operational Excellence and Business Planning Implementation• Ranked at top 5% performer for 7 consecutive years• Selected experience in Operational Excellence are LSCable, DSME, KumhoTire, Lotteshopping, CJ Homeshopping, GS Homeshopping, OB Cass, Pulmuone etc. • Selected experience in Strategy project ;- formulating market penetration strategy for Lotte Hotel Moscow,- design corporate vision, mission, value for WoongJin Coway • Selected experience in Business Planning Implementation are Samyang, LS Cable, Hanwha, Kolon etc
오정후 Education Details
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Public Administration -
Business Administration
Frequently Asked Questions about 오정후
What company does 오정후 work for?
오정후 works for Bgf Retail Co Ltd
What is 오정후's role at the current company?
오정후's current role is Senior Executive Director 전무.
What schools did 오정후 attend?
오정후 attended 서울대학교 (Seoul National University), Yonsei University.
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