LX International names new CFO, promotes one executive and appoints 5 directors

LX International held a board meeting Wednesday and carried out its 2027 regular executive reshuffle, appointing a new chief financial officer, promoting one executive to senior managing director and naming five new directors.

Choi Sung-kwan, an executive vice president at LX Holdings, has been transferred to LX International as CFO.

Kim Kyung-woo, a director overseeing the company's maintenance business, was promoted to senior managing director. Kim has contributed to strengthening the company's business competitiveness, drawing on expertise built across a range of areas including trading and natural resources development.

Five executives were also newly appointed as directors in recognition of their performance and expertise across business and support functions: Cho Sung-ho, head of the resources trading division; Choi Hee-jin, head of the palm business; Park Nam-jin, head of accounting; Shin Jung-cheol, head of Indonesia management; and Lee Jin-woo, head of management planning.

LX International said the reshuffle "focused on placing talent with business expertise and execution capabilities in key roles in line with the principle of meritocracy," adding that the company plans to "translate its medium- to long-term business portfolio into tangible results and accelerate the securing of future growth engines."

Meanwhile, LX International said Wednesday it posted sales of 5.19 trillion won ($3.87 billion) and operating profit of 143.1 billion won in the third quarter of this year, up 15.1 percent and 120.8 percent, respectively, from the same period a year earlier.