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Cho Il resigns suddenly as new KT Skylife CEO

KT Skylife is expected to face a leadership vacuum after Cho Il (조일), its newly appointed chief executive, was reported to be stepping down. Industry sources said on March 30 that Cho submitted his resignation three days after being named CEO. Cho had been appointed at the company’s annual shareholders meeting on March 26. A company official said there was nothing confirmed and expected group restructuring and personnel changes soon.