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LX chief calls 2024 'turning point'

LX Holdings Chairman Koo Bon-joon said Monday he would enhance the group’s crisis response system in a bid to enhance its responsiveness to business uncertainties at home and globally. “The year 2024 will be an important inflection point as we prepare for the next three years of LX’s leap,” Koo said during this year’s annual shareholders meeting held at the company’s headquarters i. ....

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LX owner family speeds up management succession

Koo Hyung-mo, the eldest son of LX Holdings Chairman Koo Bon-joon and head of the management planning division, has significantly expanded his presence at the firm over the past year, according to industry officials Wednesday. At the end of last year, he received 11 percent of the chairman s company stocks, and was quickly promoted. The officials believe the management succession will speed up even more in the near future. ....

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