On October 20, during its 64th regular general meeting held at the Korea Press Center in Jung-gu, Seoul, the Korean Newspaper Association announced the election of Park Jang-hee, the publisher of JoongAng Ilbo, as its 50th president. His term is set for two years, during which he will oversee the operations of the association representing 54 member companies. In addition to Park's election, 23 new executives, including 21 board members and 2 auditors, were also appointed during this meeting.

In his inaugural speech, Park expressed his recognition of the challenging management environment faced by the newspaper industry today. He acknowledged feeling a significant sense of responsibility and concern given the hurdles that lie ahead. However, Park expressed optimism about overcoming these difficulties by gathering insights and collective wisdom from the member publishers involved in the association. He emphasized the importance of communication with the publishers to ensure that the association's operations reflect their needs and concerns.

Established in 1957, the Korean Newspaper Association is a significant entity representing the interests of daily newspaper publishers and press agencies in South Korea. With 54 member companies, it plays a vital role in promoting the welfare and rights of its members in an increasingly competitive and changing media landscape. Park's leadership is expected to have a crucial impact on how the association addresses the current challenges and enhances its standing in the industry.