LG has appointed a new CEO to lead its electronics business. Effective December 1, Chief Strategy Officer William Cho replaces Bong-seok Kwon as CEO of LG Electronics. At this point, according to , Kwon will lead the LG company. Cho has been with LG Electronics since 1987. Prior to his recent career, he was president of LG Canada, and later also worked for LG Australia and LG USA.
Cho is about to take over the LG Electronics company from the company. Soon the group failed to make a profit in 23 consecutive terms. For now, LG Electronics is probably best known for its versatility Ma TV and supervisors, but there it also faces stiff competition from Samsung and various forms of Chinese competition.
However, Cho will have the support of a few executives whose company has changed new positions. In particular, there is Ik-hwan Jang who is about to take a senior position at the Business Solutions unit. Jang was recently responsible for overseeing LG’s IT business where he helped LG become a power plant.
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