The FINANCIAL -- LG Electronics (LG) announced on June 1 the appointment of Peter Stickler, formerly of Ford Motors, as the new Chief Human Resources Officer (CHO).
"Stickler, 59, will assume the role of CHO and Executive Vice President for LG effective next month. Stickler arrives at LG with 35 years of human resources management experience, 27 of those at Ford Motor Company. A United States native, Stickler attended St. John’s University and received his master’s degree in labor and industrial relations from Michigan State Univer-sity," LG Electronics informs.
The appointment is consistent with CEO Yong Nam’s mission to attract the best international talent to the Korean consumer electronics and appliances company.
“LG is in the midst of transforming itself from a manufacturer to a marketing-driven company,” said Vice Chairman and CEO Nam. “Our objective is to become an innovation-based company that regularly achieves double-digit operating profit. We are committed to attracting talent from global organizations for their expertise and fresh perspective.”
Since 2007, LG has been filling the majority of its top positions with executives from outside Korea, a practice that was rarely seen at traditional Korean companies even a decade ago. To date, five of LG’s seven most senior executives have been brought in from outside Korea: Chief Marketing Officer (CMO) Dermot Boden, Chief Procurement Officer (CPO) Thomas Linton, Chief Supply Chain Officer (CSCO) Didier Chenneveau, Chief Go-To-Market Officer (CGTMO) James Shad and CHO Stickler.