LS MnM CEO gains ground on cousins in race for group control
LS MnM CEO Koo Dong-whi has taken another step in his competition with LS Group’s other third-generation heirs for control of the cable-to-smelting conglomerate. In the group’s recent year-end executive reshuffle, the 43-year-old was the only senior executive vice president promoted to president. His promotion came a year after he was appointed CEO of the nonferrous metals company. “Since becoming LS MnM’s CEO, Koo has quickly restored profitability in the smelting business through efficient management and higher sales of precious metals,” LS Group said in a press release. “He aims to lead the group’s ecosystem for electric vehicle materials by advancing key businesses such as nickel sulfate and precursors for rechargeable batteries.” Since 2021, LS Group has been led by Chairman Koo Ja-eun, the eldest son of Yesco Honorary Chairman Koo Doo-hwoi, who was the youngest brother of LG Group founder Koo In-hwoi. The current chairman took control of the group from his eldest cousin, Koo Ja-yeol, who is the father of LS MnM’s CEO and chairs the board of the group’s holding cWeiter zum vollständigen Artikel bei Korea Times
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Quelle: Korea Times