'Enhancing Board Independence and Transparency' - Koo Kwang-mo Steps Down as Board Chairman

LG Group Chairman Koo Kwang-mo steps down as LG Corp. board chairman after eight years, with an outside director expected to replace him as part of group-wide efforts to enhance board independence and transparency. The move aligns with recent changes at major LG affiliates, where outside directors have been appointed as board chairmen to strengthen minority shareholder rights and improve governance amid evolving legal frameworks. Chairman Koo pledged to clarify investment priorities and advance AI capabilities to secure leading technological competitiveness for sustainable growth.