Brian Kwon is now LG’s new CEO
LG is giving its official lineup an enormous upgrade once more. Brian Kwon, who’s at present driving LG’s Mobile Communications and Home Entertainment companies, will authoritatively turn into the organization’s CEO on December first. Kwon used to be LG’s TV chief until he was gotten to head up its agitated mobile business in another shakeup that occurred in 2018. Presently that he’s taking the most noteworthy seat in the organization, his previous positions will be filled by Park Hyoung-sei (as Home Entertainment Company president) and Morris Lee (as the Mobile Communications Company president).
The press release read, “…changes announced for 2020 include: Park Hyoung-sei as president of the Home Entertainment Company, new Mobile Communications Company president Morris Lee, William Cho in the newly created position of Chief Strategy Officer and Chief Financial Officer Bae Doo-yong.
Brian Kwon has played an important role at LG in his more than three decades at the company. Mr. Kwon (56), joined Goldstar in 1987 and has held a variety of positions including business planning at LG Wales and head of the monitor division before being promoted to oversee the Home Entertainment Company in 2014. Mr. Kwon is a native of Busan, receiving his bachelor’s degree from Seoul National University and MBA from Aalto University in Finland.
Executive vice president Park Hyoung-sei takes the helm of the Home Entertainment Company after 25 years in the business unit with experience in TVs, PCs and monitors, the majority of that time focusing on the US market. Mr. Park is a graduate of the University of Michigan and received his master’s from Indiana University both in the USA.”
LG moved its officials around and exchanged up the head for its mobile business more than once over the recent years. In 2017, the organization named Hwang Jeong-hwan as president of mobile with an end goal to make the unit progressively competitive until he was supplanted by Kwon. Under Kwon’s authority, LG’s mobile business figured out how to limit its misfortunes in the second from last quarter of 2019. While it’s currently dependent upon Lee to discover approaches to make the unit beneficial, LG says that going ahead, it intends to concentrate on organizations with solid potential, for example, smart home items.
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