New key executive appointments for Lg



Lg Electronics announced key executive appointments for the next year, from which three veteran executives will oversee every aspect of the company’s business: Jo Seong-jin, president and ceo of Home Appliances & Air Solutions; Juno Cho, president and CEO of Mobile Communications; David Jung, President and CFO. Current Vice Chairman and CEO Koo Bon-joon will rejoin the leadership team at Lg Electronics’ parent company, Lg Corp. The new structure will also give each of LG’s four companies ― Home Entertainment, Mobile Communications, Home Appliance & Air Solution and Vehicle Components ― more autonomy to respond quickly and decisively to market conditions and business growth opportunities. Executive Vice President Lee Sang-bong, head of the LG Energy Business Center, will be promoted to President and will take on an expanded role as B2B (business-to-business) Officer, overseeing all of LG’s commercial sector business, which includes professional displays, commercial air conditioning systems and energy solutions. Global Sales and Marketing Officer Wayne Park will assume the new title of Executive Vice President and Head of LG’s European Operations. Executive Vice President Brian Na will be responsible for LG’s Overseas Sales and Marketing, overseeing 47 LG sales subsidiaries worldwide. All appointments are effective as of Dec. 1, 2015 with promotions taking effect on Jan. 1, 2016.