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LG H&H CEO steps down after 18 years due to poor performance

Cha Suk-yong, who led LG Groups cosmetics, health and household products maker LG Household & Health Care (H&H) for 18 years, stepped down from his CEO post, the LG Group affiliate said Thursday. LG H&H said Lee Jung-ae, senior vice president and head of its beverage business, will become its new CEO. Lee is the first female CEO among the LG Groups affiliates.
South Korea Lyu Jae Cheol Baek Byung Yeul Cha Suk Yong Cha Dong Seok Lg Household Health Care Korea Times

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