12/7/2021, 3:55 AM (Source: TeleTrader)
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Samsung replaces CEOs in leadership shakeup

Samsung Electronics Co. Ltd. announced a major leadership change on Tuesday as it aims to "strengthen its business competitiveness." The company promoted Han Jong-hee to vice chairman and CEO. He will continue to head the Visual Display Business and will be in charge of the new SET division that includes mobile, TVs, and consumer electronics. The positions were previously held by Kim Hyun-suk and Koh Dong-jin.

The current CEO of Samsung Electro-Mechanics Kyung Kye-hyun will head the Device Solution (DS) division. He is "expected to help maintain the Company’s semiconductor leadership and lead innovation in the components business." Meanwhile, Park Hark-kyu has been named chief financial officer.

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