Shin said that the 'Jung Mong-gyu Executive Department' should be the last to take over the administration of the chaebol head, and that he will become a 'working CEO' based on his experience as CEO of Seongnam FC in 2014.
While Chairman Chung Mong-kyu is likely to seek a fourth term, the election on January 8 next year became a "three-way race" as Professor Shin announced his candidacy following former national soccer team coach Huh Jung-moo.
Professor Shin Moon-sun retired early after playing three seasons as a player for the merit soccer team in 1983, and has since served as a broadcasting commentator and Seongnam FC CEO.
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