US EditionLG shifts to independent director-led board chair system
4 Articles
4 Articles
Exclusive: LG Chairman Koo Kwang-mo Hands Over Board Chairmanship to Outside Director After 8 Years. LG Group Chairman Koo Kwang-mo is stepping down as Chairman of the Board of Directors of the holding company, LG Corp., eight years after taking office. Chairman Koo has continuously held both positions since being appointed as Representative Director and Chairman at the extraordinary general meeting of shareholders in June 2018. (23rd)
LG Uplus appoints first outside director as chair
South Korean operator LG Uplus named independent director Nam Hyung-doo as chair, the first time an outside director has taken the helm. Nam will work alongside Hong Bum-shik, who succeeded Hwang Hyeon-sik as CEO in November 2024. The move separates the board chair and CEO roles. In a statement, the company explained explained with the appointment, “we will strengthen the substantive independence of the board of directors’ operations, transform …
[Digital Daily Reporter Ok Song-i] LG Electronics announced on the 23rd that it has appointed CEO Ryu Jae-chul as the sole representative director and outside director Kang Su-jin as the first outside director-turned-chair of the board. Through this personnel change, LG Electronics has established a sole representative director system under CEO Ryu Jae-chul, demonstrating its commitment to responsible management and enhancing corporate value. A…
Coverage Details
Bias Distribution
- 50% of the sources lean Left, 50% of the sources lean Right
Factuality
To view factuality data please Upgrade to Premium
