Son Kyung-sik has been re-elected for another two years as chairman of the Korea Employers Federation (KEF), a role he has held since March 2018. The decision was made during the KEF's regular general meeting held on the 24th, where all member companies unanimously chose to extend his term. The KEF functions as a representative body for the business community's stance on labor relations and labor policies, and Son's reappointment highlights his significant contributions over the past eight years in addressing key economic and labor issues.

During the announcement of his re-election, Son emphasized the challenges that businesses may face as the government pushes forward with its national agenda, which may increase regulatory burdens. He stated his commitment to ensuring that the perspectives of businesses are adequately represented in policy discussions, underscoring the KEF's role as a leading representative of management. Additionally, he mentioned the upcoming implementation of the 'Yellow Envelope Law', aiming to advocate for the interests of member companies and support reasonable collective bargaining practices.

Son Kyung-sik's connection to the CJ Group, through family ties as the uncle of CJ Group's chairman Lee Jae-hyun, adds another layer of significance to his position. His leadership is positioned as crucial not only for the employers' collective voice in labor matters but also for enhancing the economic environment in South Korea. The KEF's lack of term limits for its chairman suggests that Son's leadership could continue to shape significant economic policies and labor relations for the foreseeable future.