Lotte Group Lee Young-gu, Head of Food Division, Promoted to Vice Chairman

Lee Young-gu, the CEO overseeing the food division of Lotte Group, was promoted to vice chairman on the 6th.

On the same day, Lotte Group announced the '2024 Regular Executive Personnel Appointment' containing this information.

Vice Chairman Lee was recognized for his achievements in leading the merger of Lotte Confectionery and Lotte Food, improving the food division's portfolio, expanding global business, and securing new growth engines through discovering future food sources, thereby creating a stable profitable structure.

Vice Chairman Lee Young-gu started his career in 1987 at Lotte Chilsung's logistics planning team, moved to Lotte Group's Policy Headquarters Improvement Office in 1997, served as head of Lotte Chilsung's sales headquarters in 2009, and became CEO of Lotte Chilsung in 2017. In 2021, he served as head of Lotte Food BU, became CEO of Lotte Confectionery in 2022, and thereafter took on the role of CEO overseeing Lotte Group's food division.