Lee Hoon-ki was appointed as CEO of Lotte Group Chemical Group and Lotte Chemical, and Vice Chairman Kim Kyo-hyun resigned.

[비즈니스포스트] The new general CEO of Lotte Group’s chemical group (Lotte Chemical, Lotte Fine Chemical, Lotte Energy Materials, Lotte Aluminum, Lotte Energy Materials) and the new CEO of Lotte Chemical. Lee Hoon-ki, head of ESG Innovation Management at Lotte Holdings and CEO of Lotte Healthcare. was appointed.

Lotte Group announced on the 6th that it held a board of directors meeting for each affiliate and conducted regular executive personnel appointments in 2024.

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In the Lotte Group chemical group, President Lee Hoon-ki will be appointed as the general representative of the chemical group and CEO of Lotte Chemical, and former Vice Chairman Kim Kyo-hyun will resign.

Born in 1967, President Lee joined Honam Petrochemical, the predecessor company of Lotte Chemical, in 1990 and served as head of Lotte Chemical’s planning division, Lotte Rental’s management planning division head, and Lotte Rental’s CEO.

Since 2020, he has served as the head of Lotte Holdings’ ESG Management Innovation Office and is considered a strategic planning and new business expert in charge of mergers and acquisitions (M&A) and the discovery of future new businesses.

Vice Chairman Kim, who is retiring from the front line for a new leap forward and change in the chemical division, led the acquisition and growth of Lotte Chemical Titan, a petrochemical subsidiary of Lotte Chemical Malaysia.

In addition, it led the growth of Lotte’s chemical business, including the establishment of a new ethane cracker plant in Louisiana, USA, and the promotion of the ‘Line Project’ to create a large-scale petrochemical complex in Indonesia.

In addition, 26 executive promotions were carried out at Chemical Group affiliates.

Lotte Group explained, “As uncertainty in the internal and external business environment increases, we have prepared executive appointments to secure future competitiveness and strengthen our sustainable growth strategy.”

Below is a list of 2024 executive appointments for Lotte Group’s chemical group and affiliates.

◆ Appointment of CEO and unit head
General Representative of Chemical Group and CEO of Lotte Chemical △Hoonki Lee

◆ Promotion
Lotte Chemical Basic Materials Business (Managing Director) △ Ki-seop Kwak △ Cheol-jung Kim △ Beom-hee Lee △ Jong-sik Jeong △ Jin-woo Cho
Lotte Chemical Basic Materials Business (Assistant Managing Director) △ Sang-Hoon Kim △ Young-Hyun Kim △ Jeong-Gyu Park △ Jae-Gyun Lee △ Jeong-Hoon Jo △ Ik-Soo Kim △ Hyeong-Ju Kim △ Cha-Jung Yoon △ Se-Hyung Joo
Lotte Chemical Advanced Materials Business (Executive Director) △Jinhyeon Park
Lotte Chemical Advanced Materials Business (Managing Director) △Shin Seung-sik △Shin Woo-cheol
Lotte Chemical Advanced Materials Business (Assistant Managing Director) △Jae-kyung Kim △Jin-seok Park △Ji Jun-ho
Lotte Fine Chemical (Managing Director) △Kim Sang-won
Lotte Fine Chemical (Assistant Managing Director) △Park and his group
Lotte Energy Materials (Assistant Managing Director) △ Se-yong Kim △ Hoon Kim
Lotte Aluminum (Managing Director) Son Byeong-sam
Reporter Kim Doo-seop and Jang Sang-yu, Lotte Aluminum (Assistant Managing Director)