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Samsung now has Three CEOs

Mar 15 2013, 4:00am CDT | by , in News

Samsung announces three co-CEOs.

Samsung has now Three CEOs
 
 

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Samsung now has Three CEOs

Samsung announced the appointment of President Boo-keun Yoon and President J.K. Shin as co-CEOs of Samsung Electronics, following the company’s annual general shareholders’ meeting and Galaxy S4 unveiling.

Vice Chairman Oh-Hyun Kwon will retain his position as CEO and Chairman of the Board of Directors. He will also continue to oversee Samsung Electronics’ component business.

The new appointments recognize the strong performance of President Yoon and President Shin. Under President Yoon, Samsung’s TV business maintained and solidified its global leadership position after becoming global No. 1 in 2006. Under President Shin, Samsung’s mobile business posted significant growth and attained global No.1 position in smartphones in 2011 and in overall mobile phones in 2012.

Mr. Yoon will continue his role of overseeing the Consumer Electronics Division, which includes TV and appliance products. Mr. Shin will remain in charge of the IT & Mobile Communications Division.

The new leadership structure will serve to clarify and enhance independent management of the two set divisions, as well as the independent management of the set and component businesses.

 

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<a href="/latest_stories/all/all/2" rel="author">Luigi Lugmayr</a>
Luigi Lugmayr (Google) is the founding chief Editor of I4U News and brings over 15 years experience in the technology field to the ever evolving and exciting world of gadgets. He started I4U News back in 2000 and evolved it into vibrant technology magazine.
Luigi can be contacted directly at ml@i4u.com.

 

 

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