Kwon Young-soo, former vice chairman of LG Energy Solution, received 7.141 billion won in compensation last year. Kim Dong-myung, CEO, was reported to have received 1.792 billion won.
According to LG Energy Solution's business report released on the 12th, former vice chairman Kwon received a total of 7.141 billion won, which includes 1.152 billion won in salary, 1.993 billion won in bonuses, and 3.996 billion won in retirement income. Kwon stepped down in November 2023, but since his term expired on March 25, 2024, it was reflected in this year's published 2024 business report.
CEO Kim received a total of 1.792 billion won, which includes 1.572 billion won in salary and 220 million won in bonuses. LG Energy Solution explained that the bonuses were paid based on evaluations of the previous year's financial performance, key indicators, assessment of long-term expectations for future preparation, among other qualitative indicators.
Former presidents Kim Myung-hwan and Lee Bang-soo, who worked as advisors, received 5.815 billion won and 4.640 billion won, respectively. Kim Dong-soo received 1.870 billion won.