On the 15th, Yuhan-Kimberly announced the appointment of Lee Jay-hoon, former CEO of Homeplus, as president.
The new president began as a manager at PepsiCo, then served as a director at Schering-Plough, chief financial officer (CFO) at Pizza Hut Korea, president and CEO of By the Way, president and CEO of Carver Korea (AHC), and CEO and vice chairman of Homeplus.
The new president will start his official duties as the chief executive officer (CEO) of Yuhan-Kimberly following his inauguration ceremony and visits to business sites.
The new president noted, “I am pleased to work with Yuhan-Kimberly, a leading corporation driving sustainable product innovation and ESG (environmental, social, governance) management under the vision of acting for life, health, and the environment,” and added, “I will strive to create new successes based on collaboration with valuable employees and partners.”
Yuhan Corporation and Kimberly-Clark, Yuhan-Kimberly's shareholders, previously expressed their expectation that Yuhan-Kimberly's strengths and new leadership will drive future growth and stated their active support in an internal letter.