LG Corp. announced that Kwon Bong-seok was appointed as the chief operating officer (COO). The board has approved LG Electronics CEO Kwon Bong-seok to lead the group-wide business strategy. Kwon was also promoted as the group's vice chairman. He had been chief of LG's TV business since late 2015 and was in charge of driving the company's OLED TV business. Kwon was appointed CEO of LG Electronics in late 2019. He was also the chief of LG Corp.'s synergy team, a group strategy unit. The newly appointed COO is the replacement of Kwon Young-soo, who was assigned to address client-related issues at LG Energy Solution as the CEO of the group's battery affiliate. In a separate statement.