Lee Sun-ho, Head of CJ's Future Planning Group, Steps Onto the Forefront of the Group

Lee Seonho, the eldest son of CJ Chairman Lee Jaehyun and head of CJ Group’s Future Strategy Group, is expanding his activities by appearing on the group’s website and at official events. Last month, CJ held a meetup for its affiliate open innovation council at the CJ Talent Center in Junggu, Seoul, where employees in charge of startup discovery and nurturing shared their achievements and challenges. At this event, Group Head Lee emphasized connections and synergy among affiliates, saying that grouplevel cooperation is needed rather than each company moving separately. In business circles, these moves are being interpreted as a sign of preparation for fourthgeneration management. In particular, observations are emerging that Group Head Lee Seonho is the largest shareholder with an 11.04% stake in Olive Young, and that Olive Young’s growth trend could affect the future governance structure and succession framework.