Friday, March 17, 2017

[Super Shareholders' Meeting] LG Electronics' CEO Cho Sung-jin alone systems' strengthening



[Korea ohahreum financial newspaper reporter] LG Electronics has reinforced the shareholders' meeting 17 days to open the collapse garden director, vice president Cho Sung-jin sole CEO (Chief Executive Officer) system.

LG Electronics will open the 15th Annual General Meeting of Shareholders on the Twin Towers in Yeouido, Seoul Wednesday morning according to the original bill passed both the proposal and the amended Articles of Association, including Directors, the financial statements, directors' remuneration ceiling approved.

Accordingly, the gardens of the Articles of Association is changed to move on up to seven of nine.

LG Electronics explained, "it is for the efficient operation of quick decision making and building organization."

Meanwhile, one in three people will join the Board of Directors each business division came and smell the representative system as the transition to the end of last year, Vice President Joe heart of the system, reducing gardens CEO of the Board of Directors. Vice President Joe sole CEO system is expected to be more resilient.

Outside the Commercial Director of jojunho MC (Mobile Communications) in accordance with the provisions it should be a majority position of director of business division fell from the Board of Directors. Jojunho president, release seems to focus on the MC business turnaround.

Joe was elected as the new vice chairman Koo Bon-joon ㈜LG vice president last month after the board of directors. LG Electronics is the HR Department is taking the LG Electronics LG Group Chairman of the Board for the first time since the transition to a holding company system in 2003.

In addition, LG Electronics Vice Chairman and other shareholders' meeting to obtain free emergency director, jeongdohyeon LG Electronics CEO CFO (Chief Financial Officer) re-elected as the president rested inside directors.

A new outside directors were elected baekyongho Professor, Graduate School of Policy Science, Ewha Womans University.

Professor Lee Myung-bak government has spent one hundred days of the presidential policy planning and special assistant to the president through fair trade policies Chair, National Tax Service, etc.

Director chongwon director remuneration, but the line was maintained as 6 billion won last year.

Jeongdohyeon said "The weak earnings last year were smartphones G5" to this day the shareholders said "I will provide a strategy based smartphone the successful leap forward successfully sold a G6" the resolution said.

Jung said "Chinese companies are aggressively grow the brand in mergers and acquisitions (M & A)" stressed said, "We will not be shaken by LG orientation in any real crisis."

Another explanation offered was up to the United States and China to attract profitable (發) uncertainty, low growth trend will continue for the time being reported as premium products, including new businesses such as energy solutions.



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