Hugel announced on the 31st that the 22nd regular general meeting of shareholders and board of directors was held and that former vice chairman of LG H&H, another non-executive director Seok-yong Cha was appointed as Hugel's new chairman and chairman of the board of directors. Chairman Cha Seok-yong served as the CEO of LG Household & Health Care for 18 years from 2005 to 2022. He set records for 17 consecutive years of sales and operating profit growth.

In particular, through a total of 28 significant mergers and acquisitions (M&A), it strengthened the portfolio of each business division and expanded the market to North America, China, and Japan, and grew LG Household & Health Care into a global compan