Cho Kuk to resign as Rebuilding Korea Party leader following by-election defeat
![Cho Kuk, the candidate of the minor Rebuilding Korea Party, speaks to reporters at his campaign office in Pyeongtaek, Gyeonggi, on June 4, conceding defeat in a parliamentary by-election held the previous day as part of the local elections. [YONHAP]](https://image.koreajoongangdaily.com/12522695.webp?imageId=12522695&width=960&height=636&format=jpg)
Cho Kuk, leader of the minor Rebuilding Korea Party, said Thursday he would step down as party leader after suffering defeat in a parliamentary by-election held alongside the June 3 local elections.
"I failed to open a new path of hope for our party members who devoted themselves in the name of the Rebuilding Korea Party for this election," he said in a Facebook post, adding that he takes full responsibility for the outcome.
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In the parliamentary by-elections in the closely watched race of the Pyeongtaek-B constituency in Gyeonggi, Cho came in third behind Yu Eui-dong of the main opposition People Power Party and Kim Yong-nam of the ruling Democratic Party.
Cho's party failed to win any of the 16 key mayoral and gubernatorial seats, and the 14 parliamentary seats contested in the local elections.
Yonhap
