• Vice Chairman of LG Chem
    Shin Hak-cheol

    Leadership Based on Basics and Principles, Hands-on Field Management

    Last Updated on Oct 4, 2023

Life Summary

Shin Hak-cheol is the CEO and Vice Chairman of LG Chem.

He is focusing his efforts on strengthening non-petrochemical businesses such as battery materials, eco-friendly materials, and global new drugs, aiming to grow LG Chem into a "top global science company."

Born on August 18, 1957, in a farming family in Goesan, Chungcheongbuk-do, he graduated from Cheongju High School.

Before graduating from Seoul National University's Department of Mechanical Engineering, he began his career as an engineer at Poongsan Metal Corporation.

After moving to 3M Korea, he worked at the Philippine branch and then at the U.S. headquarters. Starting as a regular employee at 3M Korea, he was promoted to Executive Vice President overseeing 3M's overseas business, earning the nickname "Innovation Evangelist."

When Koo Kwang-mo became Chairman of LG Group, Shin Hak-cheol was recruited as the Vice Chairman and CEO of LG Chem, beginning his second term as CEO in 2022.

He is the first externally recruited professional manager in LG Chem's history.

Emphasizing "leadership based on fundamentals and principles," he values hands-on management.

He stresses innovation, learning, communication, and discussion as essential conditions for leadership.

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