MUSINSA CEO Han Moon-il resigns for health reasons

[Courtesy of MUSINSA]

MUSINSA CEO Han Moon-il resigned from his position at the end of June 2024. The South Korean fashion e-commerce company will now be led by co-CEOs Cho Man-ho and Park Joon-mo, transitioning from the previous three-person leadership structure that included Han.

Industry sources reported on Sunday that Han announced his resignation via his social media accounts, saying, “I am stepping down from MUSINSA as of June 30th, 2024. I will serve as an advisor to the company for the next three years.” MUSINSA attributed Han’s resignation to health reasons.

Han had taken a leave of absence in May due to personal health issues. During his leave, Cho took over the brand business, while Park assumed responsibility for the global business.