HMM CEO sued for pushing ahead with headquarters relocation

The union representing HMM’s land-based employees filed a complaint with the Ministry of Employment and Labor against CEO Choi Won-hyok of the nation’s largest container shipping firm, accusing management of pushing ahead with plans to move the company’s headquarters from Seoul to Busan in line with the government policy. The legal action followed HMM’s board of directors’ decision on March 30 to approve revising the head office location stipulated in the company’s articles of association. The proposed amendment is set to be submitted for approval at the general shareholders’ meeting on May 8. “This is clearly an unfair labor practice, as management has been trying to sideline the union and neglecting its duty to engage in good-faith negotiations,” the union said in a statement Tuesday. The union has threatened to file additional lawsuits against other board members, accusing them of dereliction of duty. Unless management agrees to hold talks, the union plans to ask the National Labor Relations Commission later this week to begin arbitration. If the arbitration fails and

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