![Ryu Jae-cheol, new CEO of LG Electronics [Photo: LG Electronics]](https://image.ajunews.com/content/image/2025/11/27/20251127155316593551.jpg)
SEOUL, November 27 (AJP) - LG Electronics has appointed Ryu Jae-cheol, head of its Home Appliance & Air Solution (H&A) division, as chief executive officer, replacing Cho Joo-wan.
The board approved the leadership change on Thursday as part of its executive appointments and organizational restructuring.
Ryu, known for his technical background and operational experience within LG’s flagship appliance unit, will be tasked with sharpening the company’s competitiveness across all business lines.
The reshuffle includes 34 executive promotions with two new presidents, two vice presidents, nine senior executives and 21 executives.
Cho Joo-wan, who stepped down as CEO, is credited with laying the groundwork for a more service-oriented business model and improving LG’s global competitiveness. The leadership handover marks the company’s first CEO change in four years.
* This article, published by Aju Business Daily, was translated by AI and edited by AJP.
Copyright ⓒ Aju Press All rights reserved.
