Lotte Group hires outsiders to lead key businesses

lotte group hires outsiders to lead key businesses

Sumary of Lotte Group hires outsiders to lead key businesses:

  • The newly appointed head of Lotte Group’s retail department, Vice Chairman Kim Sang-hyun Lotte Group has hired Kim Sang-hyun, former vice president of market rival Homeplus, to lead Lotte Shopping, which controls all the group’s retail business, officials said Thursday.
  • Kim Gyo-hyun, former head of Lotte Chemical, was promoted to vice president in recognition of his achievements in restoring the fortunes of the group’s chemical business to pre-pandemic levels.
  • Lotte Holdings President Lee Dong-woo was promoted to vice chairman and CEO of Lotte Corporation, they said.

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