LG Electronics Management
Management criteria checks 2/4
LG Electronics' CEO is William Cho, appointed in Dec 2021, has a tenure of 2.92 years. total yearly compensation is ₩2.34B, comprised of 66.7% salary and 33.3% bonuses, including company stock and options. directly owns 0.003% of the company’s shares, worth ₩443.26M. The average tenure of the management team and the board of directors is 3.5 years and 2.9 years respectively.
Key information
William Cho
Chief executive officer
₩2.3b
Total compensation
CEO salary percentage | 66.7% |
CEO tenure | 3yrs |
CEO ownership | 0.003% |
Management average tenure | 3.5yrs |
Board average tenure | 2.9yrs |
Recent management updates
Recent updates
Slowing Rates Of Return At LG Electronics (KRX:066570) Leave Little Room For Excitement
Nov 25What You Can Learn From LG Electronics Inc.'s (KRX:066570) P/E
Nov 07Is Now An Opportune Moment To Examine LG Electronics Inc. (KRX:066570)?
Oct 23Here's Why LG Electronics (KRX:066570) Has A Meaningful Debt Burden
Sep 21There's Been No Shortage Of Growth Recently For LG Electronics' (KRX:066570) Returns On Capital
Aug 01When Should You Buy LG Electronics Inc. (KRX:066570)?
Jul 17Market Participants Recognise LG Electronics Inc.'s (KRX:066570) Earnings
Jun 18We Think LG Electronics (KRX:066570) Is Taking Some Risk With Its Debt
May 06Is LG Electronics Inc. (KRX:066570) Trading At A 39% Discount?
Apr 03LG Electronics Inc. (KRX:066570) Not Lagging Market On Growth Or Pricing
Mar 18CEO Compensation Analysis
Date | Total Compensation | Salary | Company Earnings |
---|---|---|---|
Sep 30 2024 | n/a | n/a | ₩776b |
Jun 30 2024 | n/a | n/a | ₩838b |
Mar 31 2024 | n/a | n/a | ₩602b |
Dec 31 2023 | ₩2b | ₩2b | ₩643b |
Sep 30 2023 | n/a | n/a | ₩776b |
Jun 30 2023 | n/a | n/a | ₩500b |
Mar 31 2023 | n/a | n/a | ₩480b |
Dec 31 2022 | ₩2b | ₩2b | ₩1t |
Compensation vs Market: William's total compensation ($USD1.60M) is about average for companies of similar size in the KR market ($USD1.24M).
Compensation vs Earnings: William's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.
CEO
William Cho
3yrs
Tenure
₩2,341,000,000
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 | 3yrs | ₩2.34b | 0.0030% ₩ 437.5m | |
President of Home Appliance & Air Solution Company | 4yrs | ₩1.56b | no data | |
CFO, Chief Risk Management Officer & Inside Director | less than a year | no data | no data | |
Executive VP & CTO | 2.9yrs | 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 | 5.4yrs | no data | no data | |
Head of National Field Sales for German Market | 4.8yrs | no data | no data | |
Head of Project Management Team for Mobile Communications Division | no data | no data | no data | |
Mobile Communication Division Chief | no data | no data | no data | |
President of Vehicle Component Solutions | no data | no data | no data |
3.5yrs
Average Tenure
64yo
Average Age
Experienced Management: A066570's management team is considered experienced (3.5 years average tenure).
Board Members
Name | Position | Tenure | Compensation | Ownership |
---|---|---|---|---|
CEO, Chief Strategy Officer & Executive Director | 2.9yrs | ₩2.34b | 0.0030% ₩ 437.5m | |
CFO, Chief Risk Management Officer & Inside Director | less than a year | no data | no data | |
Independent Non-Executive Chairman | 4.8yrs | ₩874.00m | 0.0055% ₩ 804.5m | |
Outside Independent Director | 5.8yrs | no data | no data | |
Outside Independent Director | 3.8yrs | no data | no data | |
Independent Outside Director | 2.8yrs | no data | no data | |
Independent Outside Director | 1.8yrs | no data | no data |
2.9yrs
Average Tenure
Experienced Board: A066570's board of directors are not considered experienced ( 2.9 years average tenure), which suggests a new board.
Company Analysis and Financial Data Status
Data | Last Updated (UTC time) |
---|---|
Company Analysis | 2024/12/27 07:19 |
End of Day Share Price | 2024/12/27 00:00 |
Earnings | 2024/09/30 |
Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
Package | Data | Timeframe | Example US Source * |
---|---|---|---|
Company Financials | 10 years |
| |
Analyst Consensus Estimates | +3 years |
|
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Market Prices | 30 years |
| |
Ownership | 10 years |
| |
Management | 10 years |
| |
Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
LG Electronics Inc. is covered by 53 analysts. 27 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
Analyst | Institution |
---|---|
Nam Hyung Kim | Arete Research Services LLP |
Seung-Chul Bae | Barclays |
Peter Yu | BNP Paribas Securities (Asia) |