LG Electronics announced organizational changes
LG Electronics (LG) has announced organizational changes in order to strengthen the capabilities inherent in the company’s operations and business competitiveness, which is another step towards the implementation of the Future Vision 2030 announced in July. The goal is for LG to transform itself into a company that offers intelligent lifestyle solutions that, in addition to manufacturing electronic devices, is also able to connect consumers’ various spaces and related user experiences.
One of the key elements of the forward-looking strategy is the newly created so-called overseas sales and marketing division that reports directly to LG CEO William Cho. The division will be headed by Thomas Yoon, who was previously the North American president and CEO of LG Electronics.
The new sales and marketing division will play a crucial role in accelerating change and growth, as well as increasing LG’s global brand power. The new organization will manage the sales activities of foreign subsidiaries in North America, Europe, Latin America, the Middle East and Asia, and will be responsible for the operation of the company’s global marketing group and direct sales (Direct-to-Customer D2C) business group.
Related news
LG’s anti-discoloration technology for outdoor digital displays is the first to receive UL certification
LG Electronics (LG) presented the so-called Anti-Discoloration™ technology. Certified by…
Read more >How can we keep our food fresh even in the heat?
It is well known that food spoils faster and more…
Read more >LG has established a new air conditioning R&D lab in Europe
LG Electronics (LG) has established a new aerospace research and…
Read more >Related news
A new office responsible for food safety and retail trade can be established under the leadership of Márton Nagy
A new top organization called the National Trade Office could…
Read more >K&H: Almost two-thirds of businesses are planning development
The majority of domestic micro, small and medium-sized enterprises, 61…
Read more >KSH: industrial production fell by 8.2 percent in June
In June 2024, the volume of industrial production was 8.2…
Read more >