Koo Kwang-mo, chairman of LG Group, received about 8.2 billion won in salary last year.

According to the 2024 business report disclosed by LG Corp., the holding company of LG Group, on the 18th, Chairman Koo received a salary of 4.676 billion won and bonuses of 3.51 billion won, totaling 8.177 billion won. This figure represents a 1.82% decrease compared to 2023 (8.329 billion won).

Gu Gwang-mo (third from the left), the CEO of LG, visits the LG Electronics factory located in Noida, New Delhi, to observe the air conditioning production process. / Courtesy of LG.

LG explained, "Given the external uncertainties that have intensified due to the slowdown in global economic growth leading to market contraction, increased geopolitical risks in the advanced technology sector, and the restructuring of global supply chains, we have made achievements in enhancing our business structure and competitiveness to uncover future growth engines from a long-term perspective."

Kwon Bong-seok, vice chairman and CEO, received a salary of 1.843 billion won and bonuses of 1.38 billion won, totaling 3.223 billion won. Ha Beom-jong, president, received a salary of 937 million won, totaling 1.321 billion won.