该集团表示，这些调整旨在简化决策，提高组织效率。South Korean retail giant Lotte Group announced on Thursday that it will replace the CEOs of 21 subsidiary companies. This is a large-scale leadership adjustment carried out by the conglomerate amidst increasing concerns about liquidity crisis.
Lotte Group stated that Shin Yoo-yeol, the son of the company's chairman Sin Dong-bin and the designated heir, has been promoted to vice chairman, taking full responsibility for managing the company.
As part of this reorganization, 22% of the conglomerate's executives have stepped down, leading to a 13% reduction in senior positions.
The conglomerate indicated that these adjustments are aimed at streamlining decision-making and enhancing organizational efficiency.
Amidst this personnel reshuffle, there are rumors that this sixth-largest conglomerate in South Korea, facing liquidity squeeze, is struggling due to poor performance of its chemical and retail subsidiaries.
