Gene Yoon Explained

Gene Yoonsoo Yoon
Birth Date:9 September 1945
Birth Place:Hwaseong, Gyeonggi, South Korea
Occupation:Businessman, investor
Hangul:윤윤수
Hanja:尹潤洙
Rr:Yun Yun-su
Mr:Yun Yun-su

Yoon Yoon-su, commonly known in English as Gene Yoon (Korean 윤윤수; Hwaseong, 9 September 1945) is a South Korean businessman and investor. He is the current chairman of the sportswear company Fila.[1]

Biography

Yoon graduated from Seoul High School in 1964, and Hankuk University of Foreign Studies Department of Political Science & Diplomacy in 1974. He started his career with Korea Shipping Corporation (KSC) before working in merchandising from JC Penney October 1975 to July 1981.[2] He then worked for Hwasung Co., Ltd. till March 1984 as export director, then becoming chairman of Care Line Corp. From June 1991 until the present he has been the Chairman and CEO of Fila Korea Ltd., organising a buyout of Fila brand in 2007.[3] [4] While retaining his position as Fila Korea Ltd's foremost chief executive, Yoon has also parlayed his executive retail career by branching out into formal business ownership. The participation of investing his own money through his buyout venture resulted him in becoming an equity partner in his first investment enterprise after acquiring a stake in Fila that was estimated to be worth approximately $US830 million in 2019.[5]

He is also currently executive vice chairman of Korea International Trade Association.

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External links

Notes and References

  1. http://www.hankyung.com/news/app/newsview.php?aid=2012040607441 윤윤수 휠라·아큐시네트 회장 "타이틀리스트 M&A, 하버드서 강의하겠다네요"
  2. Web site: Getting to know Gene Yoon. November 30, 2011. The Korea Times. 2021-11-02.
  3. Forbes 181 p68 2008 "43% from its peak in 1997, Fila is taken private in a $350 million purchase by Sports Brands International, a unit of private equity firm Cerberus Capital Management. 2007 New Fila Chief GENE YOON orchestrates buyout of Fila brand for $450 ..."
  4. Korea Trade & Investment 19 2-6 p58 "GENE YOON parlayed that strategy into launching one of Korea's most spectacular foreign business success stories. Just ten years after opening its doors with a capitalization of $350,000, sportswear-company Fila Korea achieved an annual."
  5. Web site: Lee. Yoojung. 2019-06-25. The late bloomer who brought Fila back from the dead and became a billionaire. 2021-11-02. The Sydney Morning Herald. en.