Lotte companies make appointments earlier than usual

Lee Young-goo, a new chief of Lotte Group F&B business unit. [LOTTE GROUP]

Lotte Group companies are appointing executives earlier than usual, in line with the trend to make personal moves that might help as the pandemic wears on.

A total of 35 Lotte companies made top human resources announcements.

Lee Young-goo, CEO of Lotte Chilsung Beverage, has been named the head of Lotte Group F&B business unit, replacing Lee Young-ho. Food business units include Lotte Chilsung Beverage, Lotte Foods and Lotte Confectionery.

Lee Young-goo started working for Lotte Chilsung Beverage in 1987 and became responsible for the company’s marketing division in 2009. He has been sitting as the CEO of Lotte Chilsung Beverage since 2017.

Park Yoon-ki, vice president of the srategy & planning division at Lotte Chilsung Beverage, has been named the new CEO of the company.

Ko Soo-chan, executive vice president of Lotte Engineering & Construction, has been promoted as the head of communications at Lotte Corporation, alongside lawyer Park Eun-jae, an ex-prosecutor who was named the head of the legal & compliance division and vice president.

Hwang Jin-goo, CEO of Lotte Chemical USA, was named the CEO of Lotte Chemical. Lee Jin-sung, CEO of Lotte Institute of Economy & Business Strategy, was named CEO of Lotte Foods. Cha Woo-chul, senior vice president of management at the audit team at Lotte Corporation, was named CEO of Lotte GRS, which operates Lotteria and coffee franchise Angel-in-us. Kim Tae-hyun, vice president of global business at Lotte Chilsung Beverage, was named the CEO of Lotte-Nestle Korea.

Lotte Group companies have made 80 percent fewer top appointments this year. It has also reduced the number of ranks and allowed for a vice president to be promoted in just one year.

BY JIN MIN-JI [jin.minji@joongang.co.kr]