Ourhome Appoints Yu Deok-sang as New CEO

Since Joining LG Distribution, the Predecessor of Ourhome, as a New Employee in 1995
Creating an Innovative Management Environment for Leap to a Global Food Company

[Asia Economy Reporter Lee Seon-ae] Ourhome announced on the 2nd that it has appointed Yoo Deok-sang as the new CEO.

Yoo Deok-sang, the new CEO of Ourhome, graduated from Hankuk University of Foreign Studies and joined LG Distribution, the predecessor of Ourhome, gaining extensive practical experience in sales, development, and planning. He has held key internal positions including head of the CookingMeal Business Division Planning Team, head of the Development Division, and general manager of the CookingMeal and Restaurant Business Divisions.

Having worked at Ourhome for over 25 years, Yoo is recognized as a 'food and beverage expert' who has successfully led Ourhome's core business, the catering business, based on his deep understanding and broad experience in the overall food and beverage market.

With the appointment of Yoo Deok-sang as the new CEO, Ourhome plans to enhance its competitiveness in the increasingly competitive domestic food and beverage market through process improvements and the development of differentiated services. Additionally, it aims to accelerate the growth of its overseas businesses in North America, China, and Southeast Asia to transform into a global comprehensive food company.

An Ourhome official said, “CEO Yoo is an expert who has accumulated deeper understanding, experience, and achievements in the food and beverage market than anyone else,” adding, “With his appointment, we will actively create an innovative management environment to leap forward as a global comprehensive food company.”

Since its spin-off in 2000, Ourhome has maintained a steady upward trend with an average annual sales growth rate of 12%. Its sales in 2019 are estimated to be approximately 1.9 trillion won.

This content was produced with the assistance of AI translation services.