Dec 02, 2016 AM EST - Fraeraine

LG Electronics Promoted Cho Sung-jin As Sole CEO

The nation's second-largest electronics maker, LG Electronics, recently changed its corporate management system. The company, which was previously headed by 3 co-CEOs is now led by Cho Sung-jin as a sole CEO. Cho Sung-jin, a former Home Appliance and Air Systems (H&A) business head is now being promoted to vice chairman and was even name as the company's new sole CEO.