• Vice Chairman of LG Chem
    Shin Hak-cheol

    From Entry-Level Employee to Executive Vice President at 3M, Key External Leader in Koo Kwang-mo's Era

    Last Updated on Sep 30, 2024

    copy_url  Copy Url : https://www.koreawho.com/profile/ShinHakcheol

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

He is focusing his efforts on strengthening LG Chem’s non-petrochemical businesses, such as battery materials, eco-friendly materials, and global new drug development, with the goal of transforming LG Chem into a "top global science company."

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

He began his career as an engineer at Poongsan Metal Corporation before graduating from Seoul National University with a degree in Mechanical Engineering.

After moving to 3M Korea, he worked in the Philippines branch and later at 3M’s U.S. headquarters. Shin started at 3M as a junior employee and rose to become Executive Vice President overseeing 3M’s global business, earning the nickname "innovation evangelist."

Shin was recruited as Vice Chairman and CEO of LG Chem when LG Group Chairman Koo Kwang-mo took office, and he began his second term as CEO in 2022.

He is the first external professional executive to lead LG Chem.

Shin emphasizes "leadership based on fundamentals and principles" and prioritizes hands-on field management. Since 2024, he has been focusing on fostering three new growth engines: battery materials, eco-friendly materials, and pharmaceuticals.

He highlights innovation, learning, communication, and debate as essential qualities of leadership.

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