LG Electronics Adds More International Talent To Executive Position In Seoul

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Monday, June 1st, 2009
Peter Stickler

Peter Stickler, new chief human resources officer and executive vice president at LG

Seoul, Korea, June 1, 2009 - LG Electronics (LG) announced today the appointment of Peter Stickler, formerly of Ford Motors, as the new Chief Human Resources Officer (CHO).

Stickler, 59, will assume the role of CHO and Executive Vice President for LG effective next month. Stickler arrives at LG with 35 years of human resources management experience, 27 of those at Ford Motor Company. A United States native, Stickler attended St. John’s University and received his master’s degree in labor and industrial relations from Michigan State University.

The appointment is consistent with CEO Yong Nam’s mission to attract the best international talent to the Korean consumer electronics and appliances company.

“LG is in the midst of transforming itself from a manufacturer to a marketing-driven company,” said Vice Chairman and CEO Nam. “Our objective is to become an innovation-based company that regularly achieves double-digit operating profit. We are committed to attracting talent from global organizations for their expertise and fresh perspective.”

Kim Kyung-ho

Kim Kyung-ho, new senior vice president at LG

Since 2007, LG has been filling the majority of its top positions with executives from outside Korea, a practice that was rarely seen at traditional Korean companies even a decade ago. To date, five of LG’s seven most senior executives have been brought in from outside Korea: Chief Marketing Officer (CMO) Dermot Boden, Chief Procurement Officer (CPO) Thomas Linton, Chief Supply Chain Officer (CSCO) Didier Chenneveau, Chief Go-To-Market Officer (CGTMO) James Shad and CHO Stickler.

LG also appointed Kim Kyung-ho, 45, to the position of Senior Vice President and head of its information strategy team, reporting directly to the Chief Financial Officer. Kim received his doctoral degree in management information systems (MIS) from the Korea Advanced Institute of Science and Technology (KAIST) and has worked in management consulting firms, including Accenture, for twenty years.

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