LG promotes home appliances boss to CEO

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LG Electronics has a new CEO: Jo Seong-jin, formerly head of the home appliances division and a forty-year veteran of the company. The move comes just after a year after LG appointed three “representative directors,” including Jo, to run the company at the executive level. The shakeup removed the position of CEO, but Jo has now been further promoted to that role, giving him additional authority over LG’s operations in mobile and home entertainment.

Before becoming head of the overall home appliances business, Jo ran LG’s washing machine division and was part of the team that developed the first LG automatic washing machine in 1980. In a statement, LG says that Jo was more recently “instrumental in LG’s move into premium appliances with…

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