Kwon Brian (Brian Kwon)

Kwon Brian (Brian Kwon)

Brian Kwon was born in Busan (South Korea)

Education

Brian Kwon received a bachelor's degree from Seoul National University and a master's degree in business administration from Aalto University in Finland.

Biography

2019: Appointment as CEO of LG Electronics

On November 28, 2019, LG Electronics announced the appointment of Brian Kwon as the company's new CEO. He will officially take this position on December 1, replacing Cho Son Chzhina, who led the consumer electronics manufacturer for three years.

According to LG, 56-year-old Brian Kwon played an important role in the company during 30 years of work in it. During his career at LG, he changed several positions, including heading the production units for monitors, household appliances and smartphones.

The mobile business, which was headed by Kwon, suffers 10 consecutive quarterly losses by the end of November 2019. In addition, sales are declining in the division.

In addition to the change of CEO, LG Electronics announced other personnel changes at the highest level. Park Hyoung-sei will take the chair of the president of LG Home Entertainment, Morris Lee will become the new head of LG Mobile Communications, William Cho will take the post of Chief Strategic Officer.

A new team of top managers will focus their efforts on the challenges of accelerating LG's "digital transformation" across all operations to be more big data oriented. To this end, the central strategy office was restored, which will work together with all business divisions, as well as LG subsidiaries, the company said.[1]

According to Nikkei, citing unnamed analysts, the young chairman of the board of the LG Group (holding for LG Electronics), Koo Kwang-mo, is in the process of changing generations in the conglomerate. He prefers to put executives who have not just worked for a long time in the company, but have proven their effectiveness.

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