Koo Cha-kyung

Last updated • 1 min readFrom Wikipedia, The Free Encyclopedia
Koo Cha-kyung
Born(1925-04-24)April 24, 1925
DiedDecember 14, 2019(2019-12-14) (aged 94)
NationalitySouth Korean
Known for LG Group Chairman
SpouseHa Jeong-im (died 2008)
ChildrenSix, including Koo Bon-moo (died 2018) and Koo Bon-neung
Parent Koo In-Hwoi
Korean name
Hangul
구자경
Hanja
具滋暻
Revised Romanization Gu Jagyeong
McCune–Reischauer Ku Chagyŏng

Koo Cha-kyung (Korean : 구자경; 24 April 1925 – 14 December 2019) was a South Korean business executive. He was the chairman of LG Group from 1970 until his retirement in 1995. [1] He took the company public in 1970 and was chairman during the company's growth from 26 billion won to 30 trillion won. [2]

Life

Koo was born 24 April 1925 in Jinju, Korea to Koo In-Hwoi, who went on to found GoldStar and Lak Hui Chemical Industrial Corp, a plastics manufacturer and, later, a producer of toiletries.

Koo began his career at Lak Hui where he managed production lines for 20 years. The elder Koo died on 31 December 1969 and left the company to his son as chairman. He took the company public in 1970, the first privately held firm to go public. [2]

During his tenure, the company's revenue increased significantly as it expanded globally across Asia, Europe and North America. [3] In 1995, Koo Cha-kyung retired from the company and turned it over to his son, Koo Bon-moo. [4] He had another son, Koo Bon-neung, as well. [5]

Koo Cha-kyung died on 14 December 2019 at the age of 94. [1]

Related Research Articles

<span class="mw-page-title-main">Lee Byung-chul</span> South Korean businessman (1910–1987)

Lee Byung-chul was a South Korean businessman who founded the Samsung Group, the country's largest chaebol (conglomerate). Lee founded Samsung in 1938, at the age of 28. He is recognized as the most successful business magnate in South Korea's history.

<span class="mw-page-title-main">Chung Ju-yung</span> South Korean entrepreneur (1915–2001)

Chung Ju-yung or Jung Joo-young, was a South Korean entrepreneur and the founder of Hyundai Groups, one of the largest chaebols in South Korea. Raised as the eldest son of a poor Korean farmer, he became the richest man in South Korea. Chung was an integral part of the rapid development of Korea's economy, growing Hyundai Heavy Industries to be the largest shipbuilder in the world, as well as growing Hyundai Motor Group into the largest automobile manufacturer in Korea, and the third largest in the world. Chung was also a vital contributor to the development of South Korea's infrastructure after the Korean War's destruction of infrastructure, such as constructing the Gyeongbu Expressway in 1970, connecting the capital, Seoul, to the port city of Busan, in alliance with President Park Chung Hee.

<span class="mw-page-title-main">LG Electronics</span> South Korean multinational electronics company

LG Electronics Inc. is a South Korean multinational major appliance and consumer electronics corporation headquartered in Yeouido-dong, Seoul, South Korea. LG Electronics is a part of LG Corporation, the fourth largest chaebol in South Korea, and often considered as the pinnacle of LG Corp with the group's chemical and battery division LG Chem. It comprises four business units: home entertainment, mobility, home appliances & air solutions, and business solutions. LG Electronics acquired Zenith in 1995 and is the largest shareholder of LG Display, the world's largest display company by revenue in 2020. LG Electronics is also the world's second largest television manufacturer behind Samsung Electronics. The company has 128 operations worldwide, employing 83,000 people.

<span class="mw-page-title-main">Chung Mong-koo</span> South Korean business magnate (born 1938)

Chung Mong-koo is a South Korean business magnate. He is the honorary chairman and former CEO of Hyundai Motor Group, Korea's second largest chaebol that manages 54 subsidiaries including Hyundai Motor, Kia Motors, and Hyundai Steel. He started his career in 1970, joining the engineering & construction division of the group. Chung succeeded his father, Chung Ju-yung, the founder of the conglomerate known as the Hyundai Group. When the conglomerate split into several parts in 1999, Chung Mong-koo took over the Hyundai Motor division. He is the eldest surviving son of Chung Ju-yung's eight sons.

<span class="mw-page-title-main">Gu (surname)</span> Surname list

Gu is a Chinese family name. Some places such as South Korea, and early immigrants from Wu-speaking region in China usually romanize this family name as Koo or Ku. It is the 93rd name on the Hundred Family Surnames poem.

<span class="mw-page-title-main">Chung Eui-sun</span> South Korean business magnate (born 1970)

Chung Eui-sun, also spelled Euisun Chung, is a South Korean billionaire business magnate. He is the executive chairman and CEO of Hyundai Motor Group and the only son and "heir apparent" of Hyundai Motor Group honorary chairman Chung Mong-koo.

<i>Heartless City</i> 2013 South Korean television series

Heartless City is a 2013 South Korean television series starring Jung Kyung-ho, Nam Gyu-ri and Lee Jae-yoon. It aired on JTBC from May 27 to July 30, 2013 on Mondays and Tuesdays at 23:00 (KST) for 20 episodes.

LG H&H Co., Ltd., formerly LG Household & Health Care, is a major South Korean consumer goods company that manages cosmetics, household goods, and beverages business. It is also the South Korean bottler of the Coca-Cola system.

<span class="mw-page-title-main">Kim Moo-sung</span> South Korean politician (born 1951)

Kim Moo-sung is a South Korean politician as a member of the Liberty Korea Party. He was previously the Saenuri Party leader from 2014 to 2016.

<span class="mw-page-title-main">LG</span> South Korean conglomerate corporation

LG Corporation, formerly known as Lucky-Goldstar, is a South Korean multinational conglomerate founded by Koo In-hwoi and managed by successive generations of his family. It is the fourth-largest chaebol in South Korea. Its headquarters are in the LG Twin Towers building in Yeouido-dong, Yeongdeungpo District, Seoul. LG makes electronics, chemicals, household appliances, and telecommunications products and operates subsidiaries such as LG Electronics, Zenith, LG Display, LG Uplus, LG Innotek, LG Chem, and LG Energy Solution in over 80 countries. According to the “Top 500 Global Brands” released by British consulting firm Brand finance, LG's brand value ranking rose from 90th to 83rd from the previous year.

<i>Distorted</i> (TV series) South Korean television series

Distorted is a South Korean television series starring Namkoong Min, Uhm Ji-won, Yoo Jun-sang, Jeon Hye-bin and Moon Sung-keun. It aired on SBS from July 24 to September 12, 2017 on Mondays and Tuesdays at 22:00 (KST) for 32 episodes.

<span class="mw-page-title-main">Koo Bon-moo</span> South Korean businessman (1945–2018)

Koo Bon-moo was a South Korean business executive, who gained worldwide fame as the renamer and business executive of the LG Group.

<span class="mw-page-title-main">Koo In-hwoi</span> South Korean businessman; Founder of LG Group

Koo In-hwoi was a South Korean businessman and the founder of LG Group, one of the largest chaebols in South Korea.

<i>Matrimonial Chaos</i> 2018 South Korean television series

Matrimonial Chaos is a 2018 South Korean television series starring Cha Tae-hyun, Bae Doona, Lee El and Son Suk-ku. It is a remake of the 2013 Japanese TV series of the same title, broadcast by Fuji TV. It aired on KBS2 from October 8 to November 27, 2018, every Monday and Tuesday at 22:00 (KST).

<i>Priest</i> (TV series) 2018 South Korean television series

Priest is a 2018 South Korean television series starring Yeon Woo-jin, Jeong Yu-mi and Park Yong-woo. It aired on OCN from November 24, 2018 to January 20, 2019 every Saturday and Sunday at 22:20 (KST).

Events of 2019 in South Korea.

<i>Team Bulldog: Off-Duty Investigation</i> 2020 South Korean television series

Team Bulldog: Off-Duty Investigation (Korean: 번외수사) is a 2020 South Korean television series starring Cha Tae-hyun, Lee Sun-bin, Jung Sang-hoon, Yoon Kyung-ho and Ji Seung-hyun. It is the third series of OCN's "Dramatic Cinema" project which combines film and drama formats. It aired from May 23 to June 28, 2020.

LG Energy Solution Ltd. is a battery company headquartered in Seoul, South Korea. LGES is one of the largest battery makers in the world alongside CATL, Panasonic, SK Innovation, and Samsung SDI.

Koo Kwang-mo is a South Korean businessman. The chairman of LG, he is among the richest people in South Korea. As of December 2024, Forbes estimated his net wealth to be US$1.5 billion and ranked him 19th richest in South Korea.

Koo Bon-neung is a South Korean businessman. He is part of the Koo family of the chaebol LG and has served in various executive roles in the related company Heesung Group. He served as commissioner of the Korea Baseball Organization from 2011 to 2017.

References

  1. 1 2 "LG's Honorary Chairman Dies at Age 94". KBS World Radio. 2019-12-14.
  2. 1 2 "Koo Cha-kyung, who led Korea's LG Group for 25 years, dies aged 94". Straits Times. 2019-12-14.
  3. "LG Group Honorary Chairman Koo Cha-Kyung Dies At 94". TBS. 2019-12-14.
  4. "LG chairman Koo Bon-moo dies". ZDNet. 2018-05-20.
  5. 장, 윤경; 김, 용원 (2016-08-05). "[Who Is ?] 구본능 희성그룹 회장". 비즈니스포스트 (in Korean). Retrieved 2024-12-24.