[Korea gimeunji financial newspaper reporter] is 21 days Lotte Group, Lotte Confectionery and Lotte Chilsung, such as chemical and food sectors open to the Board of Directors of subsidiaries and nine units announced a reorganization in 2017 and regular personnel officer.
Management of Innovation Office to replace the Policy Division was appointed to head the President hwanggakgyu. Huang, president of Lotte Chemical incident was opened and we entered into the Lotte Group since 1995 in charge of new businesses and M & A, international business and has led to rapid growth and change in Lotte.
Starting in 2014, as well as responsible for the overall management of the Group operating headquarters in the policy implementation, and promote innovative projects such as the Omni Group to build channels and artificial intelligence (AI) introduced.
Sojinse president of the Foreign Cooperation Agency was to perform a CSR Committee Chairman Shin, Dong - Bin This organization was responsible. Cattle president has greeted weight and driving force of the group being evaluated with strong personnel.
Also this time the Lotte Group will appoint a Chapter Four BU (Business Unit). This reorganization is also the holding company of the preliminary steps for improving governance. Considering, however, financial institutions such as the principle of separation Jinshan decided not included in the BU.
4 BU chapter takes on the newly established subsidiaries are focused Lotte CEO. In the 21 days reported to the Board of Directors Chapter Lotte Chemical Chemicals BU heosuyoung President, taking Lotte Chilsung yijaehyeok president of the Food and BU. Distribution and hotels and other BU BU chapter chapter 22, will be announced 23 days after the Board of Directors.
Meanwhile, Lotte, Lotte Shopping and Lotte Confectionery, relieve and including the split, merger, division merged to improve the governance of cross-shareholding Chilsung Lotte, Lotte food, etc., it is considering a number of measures for transition to a holding company system.
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