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LG Electronics Inc. (066570.KS)

KSE - KSE Delayed price. Currency in KRW
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111,800.00+900.00 (+0.81%)
At close: 03:30PM KST

LG Electronics Inc.

LG Twin Tower 128
Yeoui-daero Yeongdeungpo-gu
Seoul 07336
South Korea
82 2 3777 1114
https://www.lg.com

Sector(s)Technology
IndustryConsumer Electronics
Full-time employees

Key executives

NameTitlePayExercisedYear born
Mr. Joo-Wan ChoCEO, Chief Strategy Officer & Executive Director1.78BN/AN/A
Mr. Soon-Hwang KwonPresident of Business Solutions Company4.55BN/A1958
Mr. Chang-Tae KimCFO, Chief Risk Management Officer & Inside DirectorN/AN/AN/A
Dr. Byoung-hoon KimExecutive VP & CTON/AN/AN/A
Mr. Sang-Gyu ChoiHead of Korea Sales DivisionN/AN/A1956
Mr. Soon-Kook HongDirector of Material/ Production Technology InstituteN/AN/A1960
Mr. Sang-Bong LeeHead of Energy Business CenterN/AN/A1957
Dr. Darin P. W. GrahamHead of the LG Artificial Intelligence (AI) Lab in TorontoN/AN/AN/A
Silvio RotondaroHead of National Field Sales for German MarketN/AN/AN/A
Jae-Seok ShinHead of Project Management Team for Mobile Communications DivisionN/AN/AN/A
Amounts are as of 31 December 2022, and compensation values are for the last fiscal year ending on that date. Pay includes salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in KRW.

Description

LG Electronics Inc., together with its subsidiaries, manufactures and sells consumer and commercial products worldwide. It operates through five segments: Home Appliance & Air Solution, Home Entertainment, Vehicle Component Solutions, Business Solutions, Innotek, and Other. The company offers refrigerators, washing machines, vacuum cleaners, air conditioners, purifiers, microwave ovens, dish washers, and stylers. It also provides digital, OLED, and LED signages, as well as commercial TV's and software/service solutions for corporate, education, hospitality and healthcare, luxury home, retail and QSR, and transportation industries; audio products; home appliances and computer accessories; HVAC/ESS products for commercial, residential, and control solutions, as well as for energy storage systems; commercial laundry products, including washer and dryer; compressor and motors; and robot products. In addition, the company offers monitors, PCs, information displays, projectors, laptops, medical displays, and cloud devices; and cockpit electronics, connectivity products, and driving and in-cabin solutions. Further, it provides camera modules, substrate and materials, motor/sensors, and other products; and support services. It sells its products under the LG brand name. The company was formerly known as GoldStar and changed its name to LG Electronics Inc. in 1995. LG Electronics Inc. was founded in 1958 and is headquartered in Seoul, South Korea.

Corporate governance

LG Electronics Inc.’s ISS governance QualityScore as of 1 July 2024 is 5. The pillar scores are Audit: 1; Board: 5; Shareholder rights: 6; Compensation: 1.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while 10 indicates higher governance risk.