South Korea's LG Display Co Ltd on Monday said it has named LG Chem President Jeong Ho-young as its new chief executive officer.
The Apple supplier said Chief Executive Han Sang-beom will step down, LG Display said in a statement.
The display maker said in a statement it held an emergency board meeting to accept Han's resignation and appointed Jeong, currently chief operations officer and chief finance officer at LG Chem.
The appointment of a new CEO is subject to the approval of shareholders at a meeting scheduled next March.
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