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Yong Nam is new LG Electronics CEO

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MUMBAI: The Korea based consumer electronics major LG Electronics has appointed Yong Nam as the new vice chairman and CEO, with effect from 1 January. Overall top management changes at LG Electronics include appointments of two new business company CEOs, CFO, Head of Korea sales and marketing operation and 30 other executives.

The company says that the appointment of Nam, known for his drive and strategic outlook, signifies that LG Electronics is making the change to becoming more achievement-oriented. Nam has more than 30 years of experience in LG Electronics, LG Corporation and LG Telecom; prior to his appointment, he served as the head of strategic business of LG Corporation.

He also served as LG Telecom CEO and director from October 1998 through May 2006. Other previous roles include president of the former Multimedia Division of LG Electronics from December 1997 to October 1998 and Executive Vice President of LG Group Chairman's Office from January 1997 to December 1997. Nam began his career in LG Electronics in 1976, and began working for the chairman’s office in 1989.

Other newly-appointed top executives of LG Electronics include Simon Kang as CEO of Digital Display Company. Skott Ahn as CEO of Mobile Communications Company; James Jeong as CFO; and Wayne Park as Head of Korea sales and marketing.

Kang is the man behind LG’s rebranding success in the US, while Ahn is a mobile communications expert. Jeong is best-known for his achievement of LG’s global management system enhancement. And Mr. Park has worked on new business development for LG Electronics.

LG Electronics also appointed three new executives in other regions, including John Herington and Eric Surdej as the marketing heads of LG Electronics’ US and France divisions, respectively, as well as Dominique Oh as the head of European Mobile Communications.

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