LG Electronics is a global electronics company headquartered in Yeouido, Seoul,

South Korea. LG Electronics is the world's second-largest manufacturer of Television sets

and third-largest producer of mobile phones

It is the flagship company of LG Group, one of the world's largest electronic conglomerates.

The company has 75 subsidiaries worldwide that design and manufacture televisions, home
appliances, and telecommunications devices. LG Electronics owns Zenith Electronics and
controls 37.91 per:cent of LG Display

Recent changes in LG:

COMPANY OVERVIEW

LG Electronics U.S.A., Inc. sells home appliances, entertainment products, mobile

communications products, and business solutions in the United States. The company provides
televisions, DVD players and recorders, home theatre systems, audio systems, refrigerators,
cooking gas ranges, built in ovens, cook tops, microwave ovens, dishwashers, washers,
dryers, air conditioners, and humidifiers. It also offers computer products, including monitors
and optical media products. In addition, the company provides mobile phone accessories,
such as batteries, Bluetooth, cables, chargers, headsets/hands free, and software; SuperSign, a
suite of digital signage solutions; and video conference systems. The company was
incorporated in 1978 and is headquartered in Englewood Cliffs, New Jersey. It operates
training facilities in Rancho Cucamonga, California; and Atlanta, Georgia. LG Electronics
U.S.A., Inc. operates as a subsidiary of LG Electronics Inc.
KEY DEVELOPMENTS FOR LG ELECTRONICS U.S.A., INC

LG Electronics U.S.A., Inc. Appoints Kevin McNamara as Vice President of

Commercial Air Conditioning

Industry veteran Kevin McNamara has been named vice president of Commercial Air
Conditioning for LG Electronics USA. McNamara, who brings more than two decades of
experience to his new role at LG, will be responsible for managing and leading LG's
commercial, residential and applied air conditioning business in the United States.
McNamara reports to Senior Vice President James Lee, who leads the LG Electronics USA's
Air-Conditioning & Energy Solutions business unit. LG Electronics USA also announced that
Darren Gibula, a 10-year air conditioning industry veteran, has been appointed operations
director for Commercial Air Conditioning, reporting to McNamara. Gibula and McNamara
will be based in the company's U.S. air conditioning headquarters in Alpharetta, Ga.
McNamara joined LG Electronics from Carrier Corporation, where he was most recently
Region General Manager, based in Dallas. During his four-year tenure there, McNamara
helped develop go-to-market strategies to increase the company's Commercial Applied
market share, overall business margins, employee engagement and customer satisfaction.
Gibula, whose responsibilities will include overseeing daily operational performance of
CAC's customer service, order management, technical support, inventory, training, facilities
management and business process improvement efforts, joins LG Electronics USA from
Carrier Corporation, where he held key operations, logistics, distribution and supply chain
positions since 2000. His previous experience includes quality management and consulting
positions with Pratt & Whitney, Computer Sciences Corporation and Andersen Consulting.

LG Electronics U.S.A., Inc. Unveils 'HD Sound Bar', Subwoofer Duo

LG Electronics U.S.A., Inc. has unveiled the LG "HD Sound Bar," a home theater accessory
designed to elevate audio performance, complement LG's advanced flat panel displays and
deliver a superb home theater experience. Shown publicly for the first time at its CES Sneak
Peek in New York City and available early next year, the LG HD Sound Bar enhances the
audio output of an HDTV by adding additional speakers and subwoofer capabilities to
produce powerful 2.1 channel virtual surround sound. The LSB316 includes six speaker
drivers housed in a sleek, stylish speaker bar which can be placed directly below the TV or
wall mounted. The bar is accompanied by a wireless subwoofer which can be conveniently
placed out of sight while delivering deep, rich bass. The HD Sound Bar's slim design allows
for easy wall mounting, which matches up perfectly with a 42-inch class screen, one of the
most popular class sizes sold in the United States. The LSB316 also includes Bluetooth
capability which allows the user to wirelessly stream music from their Bluetooth-enabled
smart phone, tablet PC or MP3 player to the bar and enjoy the high quality audio
performance. The Bluetooth Features include: Sound - 2.1 Channel, 280-watt output;
Wireless Active Subwoofer, Front Firing Subwoofer; LG Sound Gallery (Professional DSP);
Natural EQ, Bass Blast, Clear Voice, VSM (Virtual Surround Matrix) Plus, Game EQ, MP3
Up-Scaling, Night Mode; Design - 42-inch class TV size matching; Slim Design (height
80mm, depth 50mm); Capable for wall mounting or table display; 2.5-inch Parabola speakers
with silk dome tweeter; and Convenience - Bluetooth 2.1 TX/RX; 2 Optical In, TV Sound ez
Set-up; One portable Audio in; USB Host (MP3/WMA playback); and MPEG2 AAC
Support.

LG Electronics U.S.A., Inc. Announces Executive Changes; Establishes Separate U.S.

Sales and Operations Organizations for Home Entertainment and Home Appliance
Business Units

LG Electronics Inc. announced organizational changes in the United States, refocusing

operations on key business units. Wayne Park has been named President of LG Electronics
USA, Inc. (LGEUS), in addition to his broad regional responsibilities. A 28-year LG veteran,
Park has been head of LG Electronics North America since January. Current LGEUS
President James Shad is leaving the company in December. Shad joined LG in 2008 as
Executive Vice President. Jay Vandenbree has been named head of the LGEUS Home
Entertainment business unit. Vandenbree has been Senior Vice President, Sales, for LGEUS
since May 2010. He joined LG in September 2009 as Senior Vice President, U.S. Go-to-
Market Operations. Previously, in his 23-year career at Sony Electronics, Vandenbree held
key sales operations positions, most recently President of Consumer Sales since 2006. Sam
Kim has been named head of the LGEUS Home Appliance business unit. An LG veteran
since 1988, Kim's extensive North American experience includes serving as head of the U.S.
OEM Appliance Division, as well as key product management positions in the U.S. and
Canada. Since January, Kim has served as North American Regional Business Leader for
refrigerator products. The existing sales and sales operations functions will be redeployed
within these business units reporting to Kim and Vandenbree respectively. In other
management changes, Y.K. Cho, currently Regional Business Leader for LG North America
Business Solutions, will lead the LGEUS Commercial Displays business unit. Commercial
Products Vice Presidents Ron Snaidauf (hospitality) and Jeff Dowell (digital signage) will
report to Cho. James Lee will lead the LGEUS Air-Conditioning and Energy Solutions
business unit, with Solar Vice President Geoff Slevin reporting to him. Senior executives
Peter Reiner (Marketing), Ron Kitlas (Human Resources), BK Yoon (B2B OEM), and JD
Han (Administration) will lead region-wide initiatives for their respective functions. The
company announced the reorganization, which includes establishing separate U.S. sales and
operations organizations for the Home Entertainment and Home Appliance business units.

INTERNATIONAL:. The Board of Directors (BOD) of LG Electronics (LG), a global

leader and technology innovator in consumer electronics and appliances, today announced
strategic changes to the company’s structure to position the organisation to take better
advantage of the business environment as the recession gives way to recovery.

The changes announced today will go into effect on 1 January 2010. The organisational
changes were initiated to allow the company to take better advantage of the global business
environment in the coming years.

For example:, moving the nascent solar business operation to the Air Conditioning (AC)
Company from under the R&D umbrella of the CTO’s office will give the renewable energy
business new opportunities for rapid growth.

LG plans to strengthen its business-to-business capabilities to increase its focus on being a

top solution provider in tomorrow’s challenging environment.

The Commercial Air Conditioning (CAC) business team is being expanded into a separate
division as part of the AC Company’s plan to enhance its business-to-business capabilities.

BB Hwang, 55, currently executive vice president (EVP) and chief executive for LG’s
Business Solutions Company, has been appointed to head the newly created Customer
Relationship Division.
He will continue to report directly to CEO Yong Nam. The new chief executive of the
Business Solutions Company will be Soon-hwang Kwon, 51, currently SVP and chief
executive of LG’s Australia subsidiary.

Other new appointments to top management positions include three chief executives for
North America, China and Korea operations.

Wayne Park, 50, currently EVP and head of LG Korea, and Choong-bong Cho, 55, formerly
head of LG’s China subsidiary, were named chief executives for the North America and
China Regions, respectively. Kyung-joon Park, 51, was promoted to senior vice president
(SVP) and chief executive for Korea, replacing Wayne Park.

Nam also appointed 31 new vice presidents and promoted seven SVP’s. LG also appointed
five non-Koreans to head up overseas subsidiaries: James N. Shad for the United States, Eric
Surdej for France, Bjorn Drablos in Sweden, Bjorn Berg Andersen for Benelux and Eric
Agius in Canada.

LG continues its push to globalize its operations in order to enhance its market leadership by
leveraging international talent, a strategy initiated by Nam in 2007.

Organisational change:

LG Electronics announced strategic changes to its structure to position the organization to

take better advantage of the global business environment in the coming years. The company
said that the changes will go into effect on January 1, 2010.

The company named Hwang to head the newly created Customer Relationship Division. The
company said that Hwang will continue to report directly to Chief Executive Officer Yong
Nam. The new chief executive of the Business Solutions company will be Soon-hwang
Kwon, currently SVP and chief executive of LG's Australia subsidiary.

The company also announced appointment of Wayne Park and Choong-bong Cho as chief
executives for the North America and China Regions respectively. The company said that
Kyung-joon Park was promoted to senior vice president and chief executive for Korea,
replacing Wayne Park.
Nam also appointed 31 new vice presidents and promoted seven Senior Vice Presidents. LG
also appointed five non-Koreans to head up overseas subsidiaries namely James Shad for the
United States, Eric Surdej for France, Bjorn Drablos in Sweden, Bjorn Berg Andersen for
Benelux and Eric Agius in Canada.