We Can’t Make This Up: Starkey Korea’s “Proclamation Event” With Local Partners Med-El & Dongsan

We Can’t Make This Up: Starkey Korea’s “Proclamation Event” With Local Partners Med-El & Dongsan

Sometimes things cross our desk which make us bust out laughing. Today, we have this gem from Starkey Korea’s “Proclamation Event” (emphasis added):

During the agreement ceremony on Sept. 9, the two companies’ CEOs ― Starkey Korea CEO Richard Shim and MED-EL Korea co-CEO Eric Yun ― also had a proclamation event for more ethical and transparent business management. Dongsan Hearing Aid CEO Goodman Seo and a number of industry insiders also participated in the event. Under the proclamation, participating businessmen vowed to: refuse all kinds of bribery and unlawful requests, not abuse their positions or power, respect and offer opportunities to each employee, and regularly engage in social contributions for disabled people.

Oy vey!

Starkey Korea CEO Richard Shim, right, poses with MED-EL Korea CEO Thomas Mueller during a ceremony for the two companies' cooperative agreement at Di Nozze Convention Center in Wangsimni, eastern SeoulCourtesy of Starkey Korea

Starkey Korea CEO Richard Shim, right, poses with MED-EL Korea CEO Thomas Mueller during a ceremony for the two companies’ cooperative agreement at Di Nozze Convention Center in Wangsimni, eastern Seoul
Courtesy of Starkey Korea

On a more serious note, Starkey is an American corporation, and is already bound by the very strict Foreign Corrupt Practices Act of 1977 (15 USC §§78dd-1 et seq), so the fact this even needs to be included in a memorandum of understanding is worth noting; though as we noted in April 2015 Med-El got caught with their hand in the cookie jar. Sometimes the image of why an action is taken is clear like a photograph; but in this case it’s more like a Picasso which we think has a deeper meaning.~

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About the author

Dan Schwartz

Electrical Engineer, via Georgia Tech

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