Business Achievements
Long-time LG Group employee Lee Ung-beom held senior managerial positions in many departments. As President and CEO of LG Innotek, he promoted energy-saving technologies and green management strategies, garnering employee unanimous support. He oversaw LG Chem’s Battery Business Division during a significant expansion in electric vehicle and energy storage industries from 2015 to 2017 and was President of the Korea Battery Industry Association. He was Managing Director of the Recording Media Division and Vice President of Production in the Mobile Phone Business Headquarters at LG Electronics, exhibiting versatility in components, production, and strategic planning. Beyond core activities, he formed a subsidiary to employ disabled people, demonstrating his social responsibility.
Reasons for Success
Technical expertise, strategic vision, and inclusive leadership underpin Lee Ung-beom’s success. His Hanyang University Chemical Engineering degree and McGill MBA gave him analytical rigour and business savvy. LG’s steady ascent gave it industry knowledge and credibility. He foresaw global sustainability trends, incorporating green technologies into product roadmaps and forming alliances to enhance LG Innotek’s market reach. He created socially responsible employment programs to boost employee engagement and corporate repute. He established stakeholder trust and sustained long-term growth by aligning innovation with societal benefit.
Other Successful Family Members
Lee Yi-kyung, Lee Ung-beom’s son, reflects the family’s future success. Lee Yi-kyung, born in 1989, overcame dropping out of high school and pursuing odd jobs to succeed in acting. School 2013 brought him early attention, supporting roles in My Love from the Star and Descendants of the Sun, and breakthrough success in 2018 with Welcome to Waikiki and Partners for Justice. His persistence and talent, inspired by his father, have reinforced his prominence in Korean entertainment with lead roles in Children of Nobody and Monsters.
FAQ
Who is Lee Ung-beom?
South Korean business executive Lee Ung-beom served as President and CEO of LG Innotek after 35 years at LG Electronics, LG Chem, and LG Innotek.
What are his most notable business achievements?
He turned LG Innotek into a leader in sustainable electronics, ran LG Chem’s battery division during a time of fast growth, and started a social business to hire people with disabilities, all while keeping a flawless CEO approval rating.
What factors contributed to his success?
He has a strong technical background, an MBA that helped him see things from a managerial point of view, a lot of industry expertise from working his way up through the ranks, a focus on eco-friendly innovation, and a commitment to making his company more open to everyone.
Who is another successful member of his family?
Lee Yi-kyung, his son, is a well-known actor in South Korean movies and TV shows. He is known for his breakout parts in both dramas and movies, and he has the same ambition and originality as his father.
