LG Electronics Management
Management criteria checks 2/4
LG Electronics' CEO is William Cho, appointed in Dec 2021, has a tenure of 2.42 years. total yearly compensation is ₩1.78B, comprised of 86.8% salary and 13.2% bonuses, including company stock and options. directly owns 0.003% of the company’s shares, worth €322.51K. The average tenure of the management team and the board of directors is 3.4 years and 2.3 years respectively.
Key information
William Cho
Chief executive officer
₩1.8b
Total compensation
| CEO salary percentage | 86.8% |
| CEO tenure | 2.4yrs |
| CEO ownership | 0.003% |
| Management average tenure | 3.4yrs |
| Board average tenure | 2.3yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Dec 31 2023 | n/a | n/a | ₩712b |
| Sep 30 2023 | n/a | n/a | ₩463b |
| Jun 30 2023 | n/a | n/a | ₩201b |
| Mar 31 2023 | n/a | n/a | ₩320b |
| Dec 31 2022 | ₩2b | ₩2b | ₩1t |
Compensation vs Market: William's total compensation ($USD1.31M) is below average for companies of similar size in the German market ($USD5.31M).
Compensation vs Earnings: Insufficient data to compare William's compensation with company performance.
CEO
William Cho
2.4yrs
Tenure
₩1,780,000,000
Compensation
Mr. Joo-Wan Cho, also known as William, has been the Chief Executive Officer of LG Electronics Inc. since December 1, 2021 and serves as its Chief Strategy Officer since December 2019 and serves as its Exe...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO, Chief Strategy Officer & Executive Director | 2.4yrs | ₩1.78b | 0.0030% ₩ 322.5k | |
| President of Business Solutions Company | 5.9yrs | ₩4.55b | no data | |
| CFO, Chief Risk Management Officer & Inside Director | less than a year | no data | no data | |
| Executive VP & CTO | 2.3yrs | no data | no data | |
| Head of Korea Sales Division | no data | no data | no data | |
| Director of Material/ Production Technology Institute | no data | no data | no data | |
| Head of Energy Business Center | no data | no data | no data | |
| Head of the LG Artificial Intelligence (AI) Lab in Toronto | 4.8yrs | no data | no data | |
| Head of National Field Sales for German Market | 4.3yrs | no data | no data | |
| Head of Project Management Team for Mobile Communications Division | no data | no data | no data | |
| President of Home Appliance & Air Solution Company | 3.4yrs | no data | no data | |
| Mobile Communication Division Chief | no data | no data | no data |
3.4yrs
Average Tenure
65yo
Average Age
Experienced Management: LGLG's management team is considered experienced (3.4 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO, Chief Strategy Officer & Executive Director | 2.3yrs | ₩1.78b | 0.0030% ₩ 322.5k | |
| CFO, Chief Risk Management Officer & Inside Director | less than a year | no data | no data | |
| Independent Non-Executive Chairman | 4.2yrs | ₩874.00m | 0.0055% ₩ 593.1k | |
| Outside Independent Director | 5.2yrs | no data | no data | |
| Outside Independent Director | 3.2yrs | no data | no data | |
| Independent Outside Director | 2.2yrs | no data | no data | |
| Independent Outside Director | 1.2yrs | no data | no data |
2.3yrs
Average Tenure
Experienced Board: LGLG's board of directors are not considered experienced ( 2.3 years average tenure), which suggests a new board.