Rinnai Korea CEO Jo Sang-hoon Wins Citizen Award for Contribution to Incheon’s Industrial Development
TECHWORLD ·
✦ AI Summary
Incheon Metropolitan City selected 15 people across 4 categories and 10 fields after review by its Citizen Award deliberation committee. Rinnai Korea CEO Jo Sang-hoon was selected as the winner in the industrial development category for employers in commerce and industry at the 48th Incheon Metropolitan City Citizen Award. The selection criteria were regional economic revitalization, job creation, and contributions to labor-management cooperation.
Incheon Metropolitan City said it selected 15 people across 4 categories and 10 fields after review by its Citizen Award deliberation committee. The selection criteria were regional economic revitalization, job creation, and contributions to labor-management cooperation. Among them, Rinnai Korea CEO Jo Sang-hoon was chosen as the winner in the industrial development category for employers in commerce and industry at the 48th Incheon Metropolitan City Citizen Award.
Jo received the award in recognition of his contribution to improving the local employment environment and strengthening industrial competitiveness. He joined Rinnai Korea in 1993 and served as head of the finance team, head of the management division, head of the management support division, and head of the business strategy division. He was then appointed president and CEO in 2024.
Jo has more than 30 years of experience working in planning, finance, and management. Based on that experience, he focused on strengthening the financial structure and improving organizational operating efficiency. He also pushed ahead with improvements in organizational operations to secure management stability and production competitiveness.
Those efforts led to improved performance at Rinnai Korea. The company's sales rose from KRW 276.7 billion in 2023 to KRW 294 billion in 2025. Operating profit also increased from KRW 3.2 billion to KRW 8.6 billion.
Under its management philosophy of "Quality is our life," Rinnai Korea has continuously invested in product quality and technology development, and it has also pushed ahead with R&D and eco-friendly product development. As a result, it was selected in 2025 as an excellent company for quality competitiveness for the 15th consecutive year, and in the 2026 Korea Brand Power Index (K-BPI) survey, it ranked No. 1 in the gas range category for the 27th consecutive year.
The local industrial impact of these management achievements has gone beyond sales growth and has also led to job retention, training of technical personnel, and improvements in working conditions. While focusing on creating stable jobs, Rinnai Korea is operating workforce training programs linked with local educational institutions and is also pushing ahead with institutional reforms to improve employment stability.
Specifically, Rinnai Korea is conducting industry-sponsored training for students at Inha Technical College and Jungsok Aviation High School, and recently expanded the training targets to include graduates of Incheon Mechanical Technical High School. It has also made the transition of non-regular workers to regular employment a standard practice.
To improve working conditions, Rinnai Korea operates a staggered commuting system and a flexible working-hours system, and it pushed ahead with reducing overtime work. It has also simplified its reporting system, encouraged employees to use annual leave, and established programs to support work-life balance.
To strengthen communication in labor-management relations, the company regularly shared management information and operated consultative bodies. It also held weekly labor-management meetings and monthly management performance briefings, and shared the company's key management status with executives and employees.
As a result of these activities, Rinnai Korea was selected in 2019 as an excellent company for labor-management win-win cooperation. Jo received the Industrial Service Medal in 2023 for his contribution to the development of labor-management culture.
Jo said he has worked with Rinnai for more than 30 years to drive corporate growth, create quality jobs, establish a win-win labor-management culture, and contribute to regional industrial development. He added that, with this award as a new starting point, he intends to grow together with the Incheon community, fulfill corporate social responsibility, and contribute to sustainable development.
Source: TECHWORLD · Kim Gyeong-ju
Original: https://www.epnc.co.kr/news/articleView.html?idxno=408022
References
This article was produced with the help of an automated content generation algorithm.
Source: TECHWORLD
View originalThis article was summarized and organized by BizCrush based on the original article from TECHWORLD. For exact quotations and full details, please refer to the original article.