Chairman Koo Bon-jun's Son, Hyung-mo, Joins LX as Executive Director

Koo Bon-joon, Chairman of LX Holdings

[Asia Economy Reporter Choi Dae-yeol] Gu Hyung-mo, son of Gu Bon-jun, chairman of LX Holdings, has joined LX Holdings as an executive director in charge of business planning.

According to the company on the 10th, Gu recently worked at LG Electronics' Japan branch and was recently appointed as executive director in charge of business planning at LX Holdings. LX Holdings officially launched earlier this month after separating from the LG Group.

Executive Director Gu was born in 1987 and is 35 years old by Korean age this year. He held responsibilities equivalent to deputy general manager to general manager at LG Electronics and was promoted to executive upon moving to the new company.

The LG Group's founding family follows the tradition where the eldest son inherits the group's management rights, and siblings become independent through affiliate separation. When Gu Bon-mu, chairman of LG and elder brother of Gu Bon-jun, passed away in 2008, management rights were transferred to his son, Gu Kwang-mo. Afterwards, Gu Bon-jun, then vice chairman, stepped down from frontline management and took on an advisory role.

Executive Director Gu is expected to expand his management role at LX, focusing on promoting new business ventures. LX Holdings has five subsidiaries and affiliates including LG Sangsa (LX Global), LG Hausys, Silicon Works, LG MMA, and Pantos.

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