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Most CEOs stayed … Harmonizing Old and New for Managing Uncertainty
The total number of employees, including 4 new appointments at the head of the commercial division, is 181
In addition to the end of the year greetings, transfusion of 23 external talents throughout the year… Breaking with the pure blood
The most important characteristic of LG’s executive staff in 2021 is that a large number of young talents, such as the promotion of 124 new executives, are recruited and placed to accelerate the promotion of growth projects to prepare for the future.
Additionally, most CEOs were allowed to remain in office, focusing on ‘innovation in stability’ through harmony between old and new, such as promoting management stability in preparation for the growing uncertainty in the national and foreign business environment caused by Corona 19, etc.
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| [서울=뉴스핌] Reporter Kim Seon-yeop = LG Group Staff 2020.11.26 [email protected] |
In the fast-growing business field of the future, by boldly selecting young talents with competitive advantage and providing opportunities to them, they will break out of inertia and take strong momentum in the business, while maintaining the best management team to strengthen their ability to overcome crises and build a solid foundation for sustainable growth. This is a greeting that reflects CEO Gwang-mo Gu’s ‘pragmatism’.
In fact, CEO Koo emphasized, “The quality change and qualitative growth that customers can actually experience is important” through business briefings held with affiliate CEOs until recently, saying, “Ability to execute and experience to lead future growth and change We will continue to call for “recruiting and nurturing talented people” and sharing with executives.
This year, LG has a total of 181 executives, including 177 promotions and four new CEOs and senior executives at the head of the business division.
In addition to the executive greetings at the end of the year, 23 external talents were recruited throughout the year as executives, and staff with growth potential and field experience regardless of age, gender and career were emphasized.
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| [서울=뉴스핌] Reporter Koo Yun-mo = President of LG Electronics Korea Sales Division Lee Sang-gyu [사진=LG전자] 2020.11.26 [email protected] |
◆ Early placement of young talent to prepare for the future, 124 senior executives, the youngest executive
To prepare for the future, LG recently appointed 124 CEOs, an increase from 106 last year, and deployed young and energetic talent everywhere, who can respond agilely and flexibly to changes based on tenacity to the clients.
Among them, 24 new executives under the age of 45 are increasing, after 21 each in the last two years. The youngest executive is Ji-kyung Ji (born 1983, age 37, female), head of LG H & H’s China Digital Business Division. After last year, a total of three new executives born in the 1980s were selected.
We select talented people who have achieved results in the area of digital transformation that LG is accelerating, such as AI, big data and the cloud, which are the foundations of future readiness. In addition, in order to ensure technological leadership, such as the development of convergence technology, the promotion staff expanded to young talents who have achieved results in the fields of R&D and engineering.
In particular, we boldly selected talented people in the future growth business field who achieved change and innovation. After starting battery research in the mid-1990s, as a result of preparing for the future without giving up, 12 new executives were selected from LG Energy Solutions, which will be launched in December, which ranks first in the global business of batteries for electric vehicles. In addition, five executives were appointed in the field of OLED plastic, helping to overcome the difficult environment for a long time and laying the foundation for the stabilization of the display business.
On the other hand, people with experience in fields like production, quality and sales that require experience and knowledge were moderate regardless of their age.
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| [서울=뉴스핌] Journalist Yoonae Lee = CEO Jonghyun Kim, CEO of LG Energy Solutions [사진=LG화학] 2020.11.26 [email protected] |
◆ To stabilize us in the midst of the crisis, the majority of CEOs were hired and the president was promoted to five more.
The majority of affiliate CEOs were hired, and the number of CEO promotions that continued to be successful in the business and personnel divisions increased to five from the previous year.
Lee Sang-gyu, the new president of LG Electronics’ Korea Sales Division, has accumulated various work experiences in the Korea Sales Division, including sales, strategy, distribution and marketing. Boosted performance.
Silicon Works CEO Son Bo-ik, the new CEO of Silicon Works, is an expert in systems semiconductors and, since 2017, has been CEO of Silicon Works to expand business reach and constantly promote the entry into the digital semiconductor business, achieving nearly double business growth.
President Ji-woong Son, head of LG Chem’s Life Sciences Business Division, is a bio-expert with diverse experience in the medical / pharmaceutical field. He was appointed director of LG Chem’s Life Sciences Business Division in 2017 and was recognized for his achievements in strengthening the medium and long-term growth momentum, such as improving business profitability and expanding new drug projects.
LG Inhwa Institute President Lee Myung-Kwan, as LG Inhwa Institute President, has strengthened the core talent training program linking staff and education, accelerated the transition to an online education platform, and strengthened the specialized training system for each job.
LG CSR team leader Lee Bang-soo, LG CSR team leader, has effectively communicated with various stakeholders and will take on the role of strengthening ESG management for sustainable growth of LG in the future.
Four CEOs and senior executives at the level of business division heads were replaced.
Hwang Hyun-sik, the new CEO of LG Uplus, appointed as the new CEO of LG Uplus, announced his intention to discover new growth opportunities by strengthening the existing telecommunications business through innovation and expansion of new B2B / B2G businesses. .
Jong-Hyun Kim, CEO of LG Energy Solutions, appointed as the new CEO of LG Energy Solutions, a new corporation to be launched on December 1, plans to take the initiative to improve the competitiveness of the new corporation’s future business.
New Vice President Ryu Jae-cheol, head of LG Electronics ‘H&A business division, has increased LG Electronics’ market dominance in the global home appliances market as head of the Living Appliance division and has contributed to improved earnings based on information about customers and markets.
LG Chem’s Senior Vice President of Advanced Materials Business Division is an expert in the field of management strategy and is expected to lead the Advanced Materials Business Division’s discovery and development of new businesses and creating synergies. based on insights into future trends and downstream markets.
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| Kwang-mo Koo, President of LG Group [사진=LG] |
◆ Women executives advance, 15 people rise to the record 51 women executives at LG
LG has continued to increase the number of female executives, and this year, 15 people were promoted, the highest in history, including 4 executives and 11 new executives.
This year, female executives were promoted in various positions such as strategy, marketing, technology, R&D, production, and customer service. After joining the company as a call center consultant, thanks to her wealth of experience and practical knowledge, LG Uplus, CEO of Go Eun-jeong, has been recruiting female talent in various fields.
Two companies, including LG Display (CEO Kim Hee-yeon) and LG Uplus (CEO Yeo Myung-hee and Kim Sae-ra), produced the first CEOs. LG Chem appointed the first CEO (CEO Yoon Soo-hee) at the Life Sciences Business Division level.
As a result, the number of female executives in the group increased from 39 at the end of last year to 51.
The proportion of female executives among all LG executives also increased from 3.2% at the end of 2018 to 5.5% at the end of 2020.
This year, three people promoted abroad, including Denny Thiemig (German), senior director of LG Energy Solution’s car battery production subsidiary in Poland, have been reinforcing diversity by expanding and mediating key local staff. who has made achievements in the global field.
In addition to executive staff at the end of this year, LG is breaking with the thoroughbred by hiring outside talent in various fields to continually strengthen the professional competency required for business throughout the year in 2020.
During this year ▶ Hyung-Bong Yoon as Chief Strategy Officer (CSO, Vice President) of LG CNS, President of TmaxSoft’s Global Business Division ▶ Seong-Woo Heo, Chief Executive Officer of Lotte BP Chemical and Chief Executive Officer of BP (British Petrol ) Korea A total of 23 external staff were recruited.
