No Visible Changes
Samsung Electronics Vice Chairman Lee Jae-yong opted for stability instead of radical change in his first personnel transfer. It seems that he took the safe path, with Samsung Group Chairman Lee Kun-hee in the hospital for over six months.
On Dec. 1, the Samsung Group promoted three of its executive members to president and one to vice president while assigning new jobs for seven others. At this time, the scale of the transfer was the smallest in six years. This is in contrast to last year, where sixteen executives were transferred, including eight new presidents.
Device Solutions Division Vice Chairman Kwon Oh-hyun, IT and Mobile Division President Shin Jong-kyun, and Consumer Electronics Division President Yoon Bu-keun maintained their positions, although the second had been predicted to be replaced due to the poor performance of his business unit. Still, the division’s strategic marketing office head Lee Don-ju, global operations head Kim Jae-kwon, and mobile phone development President Lee Chul-hwan were relieved because of the poor performance of the Mobile Communications Business.
Samsung SDI President and Energy Solution Division head Park Sang-jin was appointed as the president of public relations of Samsung Electronics, and Samsung SDI President and Materials Division head Jo Nam-sung became the sole representative director and president of Samsung SDI.
Samsung Asset Management representative director and President Yoon Yong-am was moved to the same position at Samsung Securities, while Samsung Securities Representative Director and President Kim Suk was relocated to be the president of the Samsung Social Contribution Committee.