Johnson establishes AMOREPACIFIC Professorship & selects its first recipient
2/21/2011 9:24:00 AM
Grant will fund educators whose work reflects a global perspective
Johnson at Cornell University proudly announces the creation of the AMOREPACIFIC Professorship and has selected Young-Hoon Park, associate professor of Marketing at Johnson as its inaugural recipient. Established through $2 million grant that was sponsored by the Korea Foundation from the AMOREPACIFIC Corporation and Kyung Bae Suh, Chief Executive Officer of AMOREPACIFIC and a Johnson School alumnus, the professorship will be awarded to a junior Johnson School faculty member whose teachings embody a global perspective, with a focus on Korea, Asia and the world. The AMOREPACIFIC Professorship provides salary and research support to its recipient to ensure that the awardee can actively pursue his or her research and teaching agenda.
“We are thrilled about what the AMOREPACIFIC Professorship will do for the school and the “Global Education” tenet of our Strategic Plan and are strongly supportive of the inaugural recipient of the Professorship, Young-Hoon Park,” said Joseph Thomas, dean of the Johnson School. “This generous grant will help enable our long-term goal which is to take the Johnson School perspective to a worldwide audience of stakeholders.” Mr. Kyung Bae Suh is an outstanding and successful alumnus of Cornell’s Johnson School of Management, graduating with an MBA in 1987. He also is a graduate of Yonsei University in Seoul, Korea.
“AMOREPACIFIC has sought to further a relationship with a business school for some time, said Kyung Bae Suh, CEO of AMOREPACIFIC Corporation. “Our company’s entrepreneurial spirit and expanding global reach aligns perfectly with the goals of the Johnson School and we greatly look forward to realizing the opportunities that the AMOREPACIFIC Professorship will offer for both organizations.”
AMOREPACIFIC Corporation is a leading skincare and cosmetics company in Asia, which draws on its profound wisdom on men and the nature to harmonize the inner and outer beauty of men in creating the Asian beauty. Established in Korea in 1945, the company has devoted itself to finding the true essence of beauty by constantly innovating its R&D and the distribution channel, and researching for the best ingredients from the nature. Propagating the renewed values of the Asian beauty, AMOREPACIFIC has grown beyond Asia to serve its customers in Europe and the US as the Asian Beauty Creator. In 2010, the company recorded US $2.5 billion in sales revenue total employing over 7,000 people worldwide.