Eun Seok-hyun, head of VS Business Division, and Lee Jae-sung, head of ES Business Division\n The former president and the cooling and heating air conditioning division are promoted to a total of 34 people, including 2 vice presidents, 9 executive directors, and 21 executive directors
![Ryu Jae-chul, President of LG Electronics [LG]](https://wimg.mk.co.kr/news/cms/202511/27/news-p.v1.20251127.2d392fc368f84481acb21069cc4e69ac_P1.jpg)
LG Electronics appointed Ryu Jae-chul, president of HS Business Division, as its new CEO through regular executive appointments on the 27th.
President Cho Joo-wan, who has led LG Electronics for four years, initially drew attention to whether it would be promoted to vice chairman, decided to quit to replace the generation.
LG Electronics announced its personnel appointments after approval by the board of directors on the same day.
President Ryu Jae-chul, who led LG Electronics in this personnel reshuffle, is well known as a “technical businessman” who joined the Geumseong Consumer Electronics Research Institute in 1989 and rose to the CEO position.
He spent about half of his tenure in research and development of home appliances. Since then, it has been evaluated that it has contributed to enhancing the fundamental competitiveness of LG home appliances and providing differentiated customer experiences by taking charge of the business based on a high understanding of technology.
Since 2021, he has been the head of H&A's business division, which is LG Electronics' main business and serves as a cash cow, raising LG's household appliances to the top global position based on a single brand.
President Ryu's management philosophy is summarized as “problem reveal” and “strong execution power.” This is based on the belief that constant self-reflection and thorough self-awareness are essential to create an essential gap in business from a macro perspective.
President Ryu is also well-known for inviting hundreds of leaders from the business headquarters to host GIB events at the end…