Ex McDonald’s Korea CEO to take leading role in Homeplus

homeplus.jpg

South Korean supermarket chain Homeplus has appointed former CEO of McDonald’s Korea Cho Ju-yeon as its new chief marketing officer, in an executive reshuffle announced on Thursday.

Cho made headlines in 2016 when she became the first female CEO at the South Korean unit of the fast-food restaurant.

Hwang Jeong-wook, who formerly served as the chief financial officer at the Korean unit of AstraZeneca, will become the new chief financial officer at Homeplus.

The move comes as the company seeks to strengthen professionalism and product sourcing capabilities by hiring new executives externally and separating the department in charge of products into two, the supermarket chain said.

One team, led by the company‘s executive Kim Woong, will focus on fresh food, bakeries, home appliances and product support and safety. The other team, which will be led by newly appointed executive Oh Jae-yong, will focus on groceries, private label products and fashion and interior design products.

The decision follows the appointment of current CEO Lee Jea-hoon earlier this year.

“Through the reorganization, we want to present a clear reason why customers want to visit Homeplus,” Lee said in a statement.


About Retail News Asia

Retail News Asia is committed to providing local and global retailers with the latest news from the Asian retail market on a daily basis.

We have resources for everyone from independently owned business owners to online-only retailers and major chains expanding their reach throughout the Asian market. Retail News is “the news source” with over 50 weekly posts and 13,6 million readers.


CONTACT US

CALL US ANYTIME

Most read



Retail updates

Stay up to date of the lates updates and retail news from Asia.








X