SEOUL, (Xinhua) — Samsung Electronics, South Korea’s tech behemoth, announced new executives Tuesday of its each business after posting the biggest quarterly earnings in the company’s history.
Samsung said in a statement that President Kim Ki-nam replaced Vice Chairman Kwon Oh-hyun as the head of the device solutions (DS) division, which makes components such as memory chips.
Kim joined the company in 1981, having served as the head of Samsung advanced institute of technology, CEO of Samsung Display, head of the memory, system LSI businesses, according to the statement.
President Kim Hyun-suk succeeded President Yoon Boo-keun as the head of the consumer electronics (CE) division.
Samsung said the CE division head, an expert in display products, have played a major role in the company achieving the top position in global TV sales for 11 straight years.
President Koh Dong-jin will lead the IT and Mobile (IM) unit, which produces smartphones, as the replacement for former head Shin Jong-kyun.
Koh has overseen the development of its flagship Galaxy smartphones based on his vast experience as the previous head of mobile research and development (R&D), according to the statement.
Samsung said it will maintain the current three co-CEO management structure, adding that all new appointments will be effective immediately.
Separately, President Lee Sang-hoon was recommended by outside board members to be chairman of the board and succeed Kwon next March. Lee will leave his position as chief finance officer (CFO) immediately, Samsung said.
Tags: Samsung Electronics