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Samsung Electronics Names New Management Team – Display Daily
By Kim Yoo-chul
Samsung Electronics has appointed its presidents Yoon Boo-keun and Shin Jong-kyun as co-CEOs of the world's biggest technology company by revenue, a move that is aimed at guaranteeing management independence in key business units.
The appointments result in the Korean technology giant now having three chief executives.
In a statement, the company said the new leadership structure will serve to clarify and enhance independent management of the two set divisions, as well as its component business.
Yoon will keep his current role of managing Samsung's consumer electronics division, which includes TV and appliance products, while mobile chief Shin will remain in charge of the company's information and technology (IT) and mobile communications division.
Kwon will also oversee the company's component business and represent the company at key events.
The changes were approved at a recent shareholders' meeting at company headquarters in Seoul.
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