SUPPLIERS | Staff Reporter, Korea

Lim Il-soon resigns as Homeplus CEO

The company is currently speaking with several candidates for a new leader.

South Korean retailer Home Plus’ chief executive officer Lim Il-soon is stepping down from her position due to personal matters, after leading the business for about three and a half years, IGD reported.

Lim offered to resign in Q2 2020, though Homeplus only accepted her resignation in January 2021. Homeplus has yet to find a new leader and it is currently talking with several candidates.

Appointed in October 2017, Lim was the first female CEO in the grocery industry in South Korea. In 2019, she converted over 15,000 contract employees to permanent employment, which makes 99% of Homeplus’ 23,000 workers permanent employees, Homeplus said.

She was also attributed to the use of a number of outlets as fulfillment centers in areas where demand for online orders was high, and to the combining of the advantages of warehouse stores with supermarkets.

"She has already prepared a business plan for 2021 to minimize the impact of her vacant position when she leaves," a Homeplus official said.

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