Yuhan-Kimberly appoints former Homeplus CEO as new head

Yuhan Kimberly Appoints Former Homeplus Ceo As New Head

Yuhan-Kimberly's new CEO Lee Jae-hoon / Courtesy of Yuhan-Kimberly

Yuhan-Kimberly’s new CEO Lee Jae-hoon / Courtesy of Yuhan-Kimberly

By Ko Dong-hwan

Yuhan-Kimberly appointed Lee Jae-hoon, former CEO of Homeplus, as its new chief govt, the nation’s main well being and hygiene product maker mentioned Wednesday.

Lee brings in depth expertise to the position, having led Homeplus, one of many nation’s main low cost retail chains, since 2021. In December 2023, he was promoted from president to vice chairman at Homeplus earlier than transitioning to his new place at Yuhan-Kimberly.

Lee will formally assume his new position in March, following approval at a shareholders’ assembly. Till then, the present CEO, Chin Jae-seung, will proceed to guide the corporate.

In keeping with Yuhan-Kimberly, Lee has amassed over 30 years of expertise and management within the nation’s client markets. Earlier than his tenure at Homeplus, he held key management roles at Carver Korea, the now-defunct comfort retailer franchise By the Means and Kentucky Fried Rooster.

Previous to Lee’s appointment, pharmaceutical firm Yuhan and hygiene product firm Kimberly-Clark, each shareholder corporations of Yuhan-Kimberly, launched an announcement expressing their assist for Lee.

Yuhan-Kimberly mentioned Lee would begin his high govt place by visiting the corporate’s enterprise websites. Lee mentioned he was “joyful to affix the corporate that has been working based mostly on eco-friendly and nature-preserving rules and creating revolutionary and sustainable merchandise.”

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