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LG Electronics Replaces CEO in Search for Growth Momentum

Summary by The Korea Times
LG Electronics named its home appliance division head Lyu Jae-cheol as its new CEO, with Cho Joo-wan stepping down from the post after running the...

7 Articles

LG Electronics took the most relevant corporate step of its recent strategy, the appointment of Lyu Jae-cheol as the new CEO, effective on December 1. The decision marks a turn towards a leadership with deep technical DNA at a time when the brand faces a hypercompetitive industry, under pressure from AI, electrification, the growth of the B2B business and the evolution of connected ecosystems. And it is that they announced that Lyu Jae-cheol is …

LG Electronics has appointed as new CEO of the company from next December 1st to Lyu Jae-cheol, until now responsible for the division of appliances of the South Korean conglomerate, thus replacing in the position of William Cho, who has led the company for the last four years. Lyu joined Goldstar (now [...] The entry LG Electronics appoints new CEO to Lyu Jae-cheol aparece primero en Forbes España.

South Korean electronics manufacturer LG has a new CEO. Lyu Jae-cheol will take over the role of William Cho as of December 2025. At the same time, LG Electronics will introduce new business units.

[iNews24 Park Ji-eun] LG Electronics held a board meeting on the 27th and finalized its executive appointments and organizational restructuring for 2026. The promotions include two presidents, two vice presidents, nine executive directors, and 21 managing directors, for a total of 34 people. This represents a decrease from 46 last year. Ryu Jae-cheol, who has led the home appliance business, has been appointed as the new CEO. Ryu is a technology…

·Seoul, Korea, Republic of
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Naver broke the news in on Thursday, November 27, 2025.
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