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Sat, January 28, 2023 | 15:57
Companies
Former LG Electronics vice president to lead LocknLock
Posted : 2022-10-03 16:43
Updated : 2022-10-03 17:04
Kim Jae-heun
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By Kim Jae-heun

Global food container maker LocknLock has nominated former LG Electronics Vice President Lee Jae-ho as its new CEO, the company said last week. Lee will be officially appointed during the company's extraordinary meeting of shareholders on Oct. 17 along with his appointment as an executive director on the same day.

LocknLock CEO Lee Jae-ho / Courtesy of LocknLock
LocknLock CEO Lee Jae-ho / Courtesy of LocknLock
Lee majored in business administration at Seoul National University and earned his master's degree from Seoul National University's Graduate School of Business Administration. He led LG Electronics' home appliance rental service until the second quarter of this year before moving to LocknLock. Lee also served previously as CFO at NCSOFT, Coway and SSG.com before working for LG, building his career mainly in the business-to-consumer sector.

Lee's notable accomplishments at LG Electronics include growth of the rental care business center for the rental, maintenance and management of home appliances, which was newly established at the time of his appointment as head there. He successfully expand the company's rental business with active marketing campaigns.

Lee plans to focus on enhancing LocknLock's growth and competitiveness in the domestic market after taking former CEO Kim Sung-hoon's position soon. Kim served two consecutive terms as CEO of LocknLock since joining the company 2017. He laid the foundation for the long-term development of the food container maker.

"I would like to thank former CEO Kim for his hard work in establishing LocknLock as a 'real company' with a system. I will take over his role now and strive to make a second leap forward to build LocknLock as a leading company in the global household goods market," Lee said.

Kim will step down from his CEO position at LocknLock, but he will continue to work for the company as an adviser.


Emailjhkim@koreatimes.co.kr Article ListMore articles by this reporter
 
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