Shinsegae International Appoints Lee Seok-gu as New CEO of 'Jaju' Business Division

Seokgu Lee, President and CEO of Ja-ju Business Division, Shinsegae International

[Asia Economy Reporter Seungjin Lee] Shinsegae International announced on the 31st that it has appointed Lee Seok-gu, former CEO of Starbucks Korea, as the CEO and President of the ‘Jaju (JAJU)’ business division.

Shinsegae International operates its organization in a divisional structure, with President Jang Jae-young overseeing overall management as the general representative, and appointing heads of each business division with specialized expertise.

President Jang Jae-young concurrently manages the overseas fashion division, while Lee Gil-han leads the cosmetics division, Son Moon-guk heads the domestic fashion division, and Lee Seok-gu is responsible for the Jaju business division.

Through the appointment of a representative for the Jaju business division and strengthening the organizational system, Shinsegae International plans to actively foster the Jaju business as another growth engine for the company.

CEO Lee Seok-gu is a figure who led remarkable growth during his 11-year tenure as CEO of Starbucks Coffee Korea. This appointment will take effect on August 1.

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