Friday, February 24, 2017

Switch to LG Electronics Vice Chairman Cho Sung-jin 'wontop' system



[Korea ohahreum financial newspaper News] LG Electronics vice chairman Cho Sung-jin 3 wolen rise to de facto sole CEO.

LG Electronics will step down from the registered directors who led the smart phone business jojunho MC Company CEO (CEO) is one year.

Meanwhile, LG Electronics Business Division, but their participation in each Board of Directors and smell the president, vice-president of this Article in accordance with the reorganization and its personnel in accordance with the final decision is unloaded across all business sectors.

In addition, LG Electronics existing Board composition was blown to the winds of change.

According to industry sources, LG Electronics has 24 days to shrink the gardens of the Board of Directors to participate in the General Shareholders' Meeting held next month, 17 days to 7-9 people.

Jojunho president and general manager of the smartphone business plans focus on the turnaround of the business smartphone release the Board of Directors work.

Also it decided to re-elect Koo Bon-joon (Note) LG vice president and jeongdohyeon a registered directors. District Vice President, LG Electronics was the first time joined the Board of Directors last in 2011, Jung was elected president in 2010 who was vice president of registered directors.

LG Electronics official said, "There is a sense that one is strengthened, chief executive officer (CEO) Vice Chairman Cho Sung-jin of the system," he said.

In addition, he said, "it is not required to take a rapid decision to switch to self-represent as much as one can, CEO system was also adjusted to outside directors."

Vice President Joe kicked the arm is attached to the smartphone business to get through a painful finger of LG Electronics in LG grabbing the baton ilgwoon wontop 40 years 'consumer myth' from a school. 27 days is a situation that comes to paying for public chongryeok planned strategy G6 smartphone success.

He is a position to oversee all divisions of LG beyond their major field of consumer electronics. Household energy accumulated as a success story in, auto parts, but will take on a great responsibility to be reproduced in the smartphone business.

Industry, the official said Cho Sung-jin on whether "wontop system LG Electronics is interpreted as paving stones for competitiveness in a situation that did not find an answer in global markets such as smartphone business," said "Do you realize in a rebound of improving the innovation of Card Performance I would have predicted the success of wontop systems differ. "



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