Hanjin Group, which owns Korean Air, announced on Monday that its chairman Cho Yang-ho has died. Cho's death comes only a week after he was removed from Korean Air's board of directors. <br />Our Lee Min-sun is on the line for us with more.<br />Min-sun, can you tell us more?<br />Hi Mark,<br />Hanjin Group just announced on Monday morning that its chairman Cho Yang-ho died on Sunday at age 70. Cho had been staying in the United States recently, and though details are still not known, he reportedly died in a hospital in Los Angeles from a chronic disease. <br />Cho took over as chairman of Hanjin Group in 2013. He succeeded his father who founded the group that owns the country's largest air carrier, Korean Air.<br />Cho is considered as an expert in the aviation and transportation field as he spent over 45 years in the sector since he joined the Korean Air in 1974. <br />He also was deeply involved with the hosting of the 2018 Pyeongchang Winter Olympics. <br />Cho recently lost his board seat at Korean Air in a shareholders’ meeting last month. <br />It was the first time that a founding family member of one of Korea’s Chaebol or conglomerates has been removed from a key position by shareholders. <br />His family has been under investigation over multiple criminal charges including assault, embezzlement, and smuggling luxury goods. <br />That's all I have at this hour, Mark. <br />
