Samyang Foods Promotes Kim Jung-soo to Chairman Amid Record Global Growth

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Samyang Foods Elevates Buldak Pioneer Kim Jung-soo to Chairman Amid Record Global Growth

Samyang Foods announced on May 15, 2026, that Vice Chair Kim Jung-soo will be promoted to Chairman, effective June 1. The leadership transition comes as the company accelerates its efforts to expand its global market footprint and strengthen its commitment to responsible management.

The promotion recognizes Kim’s pivotal role in transforming the company’s trajectory. Originally entering the family business as the eldest daughter-in-law of the founder, Kim transitioned from a homemaker to a central corporate figure. She is widely credited with spearheading the “Buldak myth,” having launched the now-globally recognized Buldak Ramen in 2012. This product launch is viewed as the catalyst that ushered in the company’s current era of international expansion.

This leadership change arrives alongside a period of significant financial momentum. Samyang Foods reported record-breaking results for the first quarter, with operating profit reaching 177.1 billion won, representing a 32% increase. This growth was primarily driven by surging overseas sales, underscoring the brand’s increasing dominance in international markets.

Market reaction to the financial performance was immediate and positive. Following the announcement of the record first-quarter results, Samyang Foods shares surged by 11%, reflecting investor confidence in the company’s current growth trajectory and strategic direction.

The elevation of Kim Jung-soo to Chairman signals a strategic move to consolidate leadership under the executive most responsible for the brand’s global appeal. By focusing on global market penetration and responsible management, the company aims to sustain the momentum of its international success and further solidify its position within the global food industry.

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