LG Electronics announces reorganization in the management of




LG Electronics is the structure at the top upset to respond quickly to market changes. To achieve this, the company operates three representative directors to. Under Korean law, these executives per company the right to make decisions.

That must be the various business units give more power and autonomy, writes the company in a notice on its website. The different divisions are Home Entertainment, Mobile Communications, Home Appliance & Air Solution and Vehicle Components. Thus, the three directors of LG Electronics now Jo Seon-jin, Juno Cho and David Jung. The current Chairman and CEO Koo Bon-joon goes back to the parent company of LG Electronics, LG Corp.

Also modify other top positions. Thus, the current global sales and marketing man Wayne Park chief of European Operations. His job goes to Brian Na. LG Energy Business Center also gets a new president, Lee Sang-bong. Sang-bong goes into that function also accompany the B2B activities including the display division.

Perhaps the changes are a result of declining sales of smartphones, where the company late July over reported. The profit was disappointing in the third quarter. In January reported LG still an increase in smartphone sales by 18 percent in the last quarter of 2014.


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