– SOUTH KOREA, Seoul – Hugel Inc. (KOSDAQ: 145020), a global total medical aesthetics company, today announced the appointment of Suk-yong Cha to its Board as Executive Chairman effective on March 30th, succeeding Brent Saunders who become Chair of a newly established Advisory Board.
“We expect that Chairman Cha, along with the existing Board of Directors, and with strong support from our investors, will be instrumental in leading the global growth of Hugel based on his extensive business insights in not only aesthetics but also in various industries. We will continue company-wide efforts with Chairman Cha to take the lead in the global medical aesthetics industry,” said CEO, Ji-hoon Sohn.
About Suk-yong Ch
Chairman Cha previously served as the CEO of LG H&H for 18 years from 2005 to 2022, he set a record for 17 consecutive years of increasing sales and operating profits. In particular, he transformed LG H&H into a global beauty company by enhancing the portfolio of each business division through 28 significant M&As and expanding the company’s reach into global markets, including North America, China, and Japan.
In addition, Chairman Cha demonstrated his corporate management capabilities in various industries while serving as President & CEO of Procter & Gamble Korea and President & CEO of Haitai Confectionary & Foods Co. Ltd.
For more information: http://www.hugel.co.kr/en/
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