As South Korean companies gear up for their annual executive reshuffle, all eyes are on LG Electronics’ Managing Director, Dan Lim, amid pending harassment allegations scheduled to be heard in the Federal Court.
Sources indicate LG Group is preparing to announce leadership changes by the end of November, driven by external uncertainties and a need to address falling TV sales and declining profits across multiple divisions.
Lim second from right, seen with South Korean Interns that its claimed are working full time at LG Electronics Australian operation for an “off the books” payment of only $1,000 a month.
Samsung Electronics, meanwhile, traditionally announces executive changes in early December, but insiders say the company has accelerated its timeline to late November. Some industry