Lotte Confectionery Appoints Vice President Lee Chang-yeop as CEO Designate
[Asia Economy Reporter Eunmo Koo] Lotte Confectionery has appointed Vice President Changyeop Lee, former head of LG Household & Health Care's business division, as its CEO. This is the first time an external executive has been brought in as CEO of Lotte Confectionery, the parent company of Lotte Group, reflecting a strong commitment to innovation.
On the 15th, Lotte Group announced the '2023 Regular Executive Personnel Appointment' with this information.
Vice President Changyeop Lee, appointed as the new CEO of Lotte Confectionery, is a global marketing expert with over 30 years of experience working at global consumer goods companies in Korea and North America. Starting with Korea P&G in 1993, he has held positions such as head of Hershey Korea, CEO of Nongshim Kellogg, and CEO of Coca-Cola Korea, gaining deep experience in the consumer goods sector.
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He also led North American operations as CEO of The Avon Company, LG Household & Health Care's U.S. subsidiary. Lotte Confectionery expects CEO Changyeop Lee to bring overseas business expansion, enhanced branding, and organizational innovation necessary for the company to advance as a global comprehensive food company, based on his excellent global mindset, marketing, and strategic capabilities.
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