[Alpha Biz=(Chicago) Reporter Kim Jisun] Lotte Group held a board meeting of 38 affiliates, including Lotte Holdings, on the 6th and carried out regular executive appointments in 2024.

Lee Hoon-ki, head of ESG (environmental, social and governance) management innovation at Lotte Holdings and CEO of Lotte Healthcare, who was appointed as the head of the new chemical group and CEO of Lotte Chemical, is an expert in strategy and planning who graduated from the department of chemical engineering at Seoul National University and served as head of Lotte Chemical's planning division and CEO of Lotte Rental. Since 2020, he has been in charge of mergers and acquisitions (M & A) and new business discovery at the group level as head of the holding company's ESG management innovation office. The group believes that he is the right person to push for overseas expansion and business diversification of chemical affiliates whose growth has been stagnant, such as Lotte Chemical.

Chairman Shin's collapse of pure bloodism continued this year, which began with a drastic personnel reshuffle to recruit Kim Sang-hyun, the head of the distribution division (vice chairman) from a rival company, Homeplus, in 2021.

Jang Jae-hoon, who was appointed as the CEO of Lotte C&T, is a former CEO of global real estate company Johns Lang La Sal Korea and has carried out a wide range of real estate-related tasks for 23 years.

Park Ik-jin, general manager of the Global Operations Group of Hong Kong-based private equity fund Infinity Equity Partners, has been named the new CEO of Lotte Shopping's e-commerce division (Lotteon).

Kim So-yeon, CEO of HL REITs Management, was hired as the executive director of Lotte AMC, a REITs asset management company. Lotte Global Logistics (Lotte Courier) is also in the process of appointing an external logistics expert.

Roh Joon-hyung, CEO of Lotte Information and Communication (vice president), will move to Lotte Holdings' ESG Management Innovation Office.

Kim Hong-chul, head of Lotte's distribution division's personnel innovation division, was appointed as the head of Seven-Eleven's convenience store operator Korea Seven, which is suffering from poor performance.

Lee Young-koo, head of the food sector, was promoted to vice chairman.

Shin Yu-yeol, the son of Chairman Shin and managing director of Lotte Chemical's Japanese branch, will also make his debut in Lotte Korea by being promoted to executive director in the personnel reshuffle. Shin also serves as head of Lotte Holdings' future growth office and Lotte BioLogics' global strategy office, and is in charge of presenting the group's mid- to long-term vision and new growth engines.

 

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