19-02-2024, 02:14 PM
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Lotte’s succession chain is in Japan?
19-02-2024, 02:18 PM
Shin Yoo-yeol, 37, the eldest son of Lotte Group Chairman Shin Dong-bin, has been promoted to executive vice president of Lotte Corp., just one year after he was raised to executive director of Lotte Chemical Corp.
Yoo-yeol, who joined Lotte’s Japanese operations in 2020, was appointed as co-CEO of Lotte Strategic Investment (LSI), the largest shareholder of Japan-based Lotte Financial, in August 2022. He was promoted to executive director at Lotte Chemical in December of the same year.
His promotion was expected by many in and outside the retail sector, given the recent trend of promotions for the third and fourth generations of owner families.
The latest reshuffle focused on a generational shift.
https://pulsenews.co.kr/view.php?year=2023&no=940260
Yoo-yeol, who joined Lotte’s Japanese operations in 2020, was appointed as co-CEO of Lotte Strategic Investment (LSI), the largest shareholder of Japan-based Lotte Financial, in August 2022. He was promoted to executive director at Lotte Chemical in December of the same year.
His promotion was expected by many in and outside the retail sector, given the recent trend of promotions for the third and fourth generations of owner families.
The latest reshuffle focused on a generational shift.
https://pulsenews.co.kr/view.php?year=2023&no=940260
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