Lotte Himart said on the 12th that it has tapped Executive Vice President Kim Jong-yun as the new CEO.
Born in 1978, Kim, the nominee, built experience in business strategy, marketing, and new business development at Google, McKinsey & Company, and Yanolja. At Yanolja, Kim served as chief strategy officer (CSO), chief business officer (CBO), and CEO of Yanolja Cloud.
This personnel move is the second since Lotte Group shifted to an as-needed executive appointment system to respond flexibly to global management uncertainty and to boost the speed and execution of its businesses. On Mar. in, Korea Seven appointed CEO Kim Dae-il as its new CEO.
A Lotte Himart official said, "As we work to improve our business structure and strengthen competitiveness in response to changes in the home appliance market environment, we expect Kim's experience and youthful sensibility to help drive the company's innovation and the discovery of new growth engines," adding, "We have invited someone regarded as an execution-focused leader who has led business innovation based on data-driven decision-making capabilities and experience operating global businesses."