"Preparing for Group's Future Growth and Change"
Gu Hyeong-mo, the only son of Gu Bon-jun, chairman of LX Group, has been promoted to president of LX MDI. This personnel move is seen as the beginning of a formal succession process.
On the 13th, LX Holdings, LX MDI, and LX Ventures each held board meetings and announced their regular executive appointments for 2025. Seo Dong-hyun, who had been co-CEO of LX MDI alongside Gu, was promoted to executive director.
Gu has been leading LX MDI as its inaugural CEO since its establishment in December 2022. LX MDI executes group projects including management consulting, market intelligence (MI), IT and business infrastructure innovation, and talent development.
Gu is recognized for successfully conducting management consulting to strengthen the competitiveness of each affiliate and for enhancing the MI function that provides macro trends and the latest industry insights, thereby contributing to the affiliates’ market responsiveness. After joining LG Electronics in 2014, he served as head of new business at LG Electronics Japan in 2019, was appointed managing director of corporate planning at LX Holdings in 2021, and was promoted to executive director of corporate planning in 2022.
Executive Director Seo previously served as head of Diagnosis 2 at LG’s Ethical Management TFT and was responsible for the Ethics Office. He also held the position of managing director in charge of management diagnosis and improvement at LX Pantos. Seo optimized the organization and management of LX MDI and actively discovered new projects to promote company growth. This personnel change is expected to elevate LX MDI’s status and expand its role within the group.
Additionally, Lee Geun-myeong, CEO of LX Ventures, was newly appointed as a director. Lee is an investment expert with practical experience in mergers and acquisitions (M&A) and corporate strategy. He successfully laid the business foundation for proactive investment opportunity discovery while preparing for the establishment of LX Ventures. LX Ventures, established in July as a corporate venture capital (CVC), identifies and invests in promising venture companies and startups in future growth industries.
An LX Holdings official explained, "Considering the increasingly uncertain internal and external business environment, we conducted promotions centered on talent capable of preparing for the group’s future growth and transformation."
Meanwhile, LX Holdings announced no other promotions besides CEO Noh Jin-seo’s concurrent appointment as CEO of LX Hausys.
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