'CJ Eldest Son' Lee Seon-ho Promoted to Executive... All Affiliate CEOs Retained

by Lim Hyeseon

Published 27 Dec.2021 10:39(KST)

Updated 27 Dec.2021 11:40(KST)

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Regular Executive Personnel Changes for 2022 Implemented as of January 1
First Personnel Changes Applying the New Executive Organization Restructuring Plan

'CJ Eldest Son' Lee Seon-ho Promoted to Executive... All Affiliate CEOs Retained

[Asia Economy Reporter Lim Hye-seon] Lee Sun-ho, the eldest son of CJ Group Chairman Lee Jae-hyun and manager at CJ CheilJedang (photo, 31), has been promoted to executive (leader). All CEOs of major affiliates were retained.

CJ Group announced on the 27th that it will carry out the regular executive personnel appointments for 2022 effective January 1. This is the first personnel move applying the new executive system reorganization plan. After announcing the mid-term vision last month, CJ stated that to strengthen execution power amid leadership stability, all CEOs of major affiliates within the group will be retained. This was also influenced by last year's CEO replacements in most affiliates such as CJ CheilJedang, CJ Logistics, CJ ENM, CJ Freshway, and CJ Foodville.

The largest number of new executives in history were appointed. From the 2022 appointments, all executive ranks from president to deputy general manager have been integrated into a single rank called ‘Management Leader,’ with 53 new management leaders named. This is a significant increase compared to 19 in 2020 and 38 in 2021. Included are four executives in their 30s and eight (15%) born after 1980. The average age is 45.6, similar to last year's 45.

Born in 1990, Manager Lee Sun-ho was promoted as an executive affiliated with CJ CheilJedang. It has been about a year since he returned in January this year as the head of global business. Leader Lee Sun-ho led the global marketing contract between ‘Bibigo’ and the NBA’s ‘LA Lakers’ last September.

Female new executives also showed remarkable progress. Among them are Shin Yoo-jin (38), GSP leader of CJ CheilJedang’s Food Business Division who contributed to the large-scale expansion of dumplings in overseas markets; Koo Dong-in (38) from the Future Management Institute who led CJ CheilJedang’s entry into cell and gene therapy contract development and manufacturing (CDMO); and Hwang Hye-jung (48), content and marketing leader who contributed to the growth of TVING based on original content. A record-high 11 women (21%) were named as new executives.

A CJ official said, “The significant increase in new executives this year is to strengthen the execution of the mid-term vision and aggressive talent management at the group level. In particular, we increased the selection of young talent in new business areas to lead the group’s future growth.”

Meanwhile, CJ unified the existing six ranks?president, executive vice president, vice president, vice president equivalent, general manager, and deputy general manager?into a single ‘Management Leader’ rank starting from the 2022 regular appointments. This system supports early selection of top talent and rapid growth into management positions so that anyone with capability and competence can grow into a senior role.

Below is the list of new executives (Management Leaders) promoted in the 2022 regular personnel appointments:

▶ Choi Jeong-pil, Jeong Won-seok, Lee Sun-ho, Seo Hyo-kyo, Shin Yoo-jin, Nam Kyung-hwa, Kim Ji-woong, Jeong Hyun-joo, Kim Byung-kyu, Jo Jae-beom, Lee Jun-gu, Kim Dong-il, Kim Bu-won, Jang Dong-eun, Seo Chang-il, Kang Min-su

▶ Lee Hoon-seok, Jeong Seong-yong, Kim Seong-gi, Heo Shin-yeol, Nam Ki-chan, Seong Hyun-seop, Baek Jeong-hoon, Lim Dong-gyu

◆ Entertainment Division

▶ Kim Hyun-soo, Jo Seong-woo, Ko Min-seok, Kim Jong-baek, Si Yeon-jae

◆ TVING

▶ Hwang Hye-jung

◆ Commerce Division

▶ Seong Dong-hoon, Park Chun-ha, Kim Ji-hyun

▶ Lee Young-ah, Jin Se-hoon, Heo Ji-soo

▶ Choi Seok-jung, Kim Jong-seon

▶ Shim Jun-beom

▶ Ahn Heon-soo, Lee Chi-hyung

▶ Lee Joo-young