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The LS group is a group of LG and its third, fourth and fifth brothers separated from LG. These three "Tae Pyung Pyeongsu", including the third party, the fourth group, and the honorary chairman of the fifth group, have long established group management. This is also the reason why no noise is generated around the management rights even after entering the second management system.
Joint management of a 10-year-old cousin, LS Group
Gujahong LS Nikko Dong, eldest son of the honorary president of the Suee Tae Association, took over the group for 10 years. In 2013, he sent the total to LS Group President Guajolli, eldest son of the Honorary President. Koo is also expected to hand over the leadership of the group to President Gujarun, the eldest son of the Honorary President in 2022, who will follow the tradition of "management cousin".
Over the last 20 years, he has completed management courses in a variety of areas including LS Cable, LG Electronics, LG Corp., GS Caltex and LS Nikko Copper. He will also serve as President of LS Mtron and Director of Digital Innovation, which has just been created at LS. The Digital Innovation Promotion Group is an organization that leads the group's future strategy, "Digital Transformation." The group's explanation is that it will not only create synergies between group members, but also human resources.
LS Group has also retained the CEOs of major subsidiaries such as LS Cable and LS Industrial Systems. Overall, this year's performance was good and the organization's stability score was high.
A group leader said: "The promotion of executives has been slightly lower than the previous year in anticipation of the prolonged growth of a future low growth." The CEOs who have proven their abilities will be retained, the organization will be stabilized and the group will continue to prepare for the future.
In particular, the woman leader of the 40th generation came out for the first time since the group's creation. Lee, who became a woman leader in the 1970s, went to McKinsey Consulting and Doosan Corp. (Director). Since 2010, the LS Group's holding company has led the digital conversion and has found a new growth engine for the future.
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