Saturday, March 16, 2013

Samsung elects two new co-CEOs to go along with the one it already had

Samsung Electronics just announced it's switching to a multiple-CEO system, pushing up Presidents Boo-keun Yoon and JK Shin (who we just saw on stage at the Galaxy S 4 press conference) in recognition of their strong performance. Vice Chairman, Chairman of the Board of Directors and current CEO Oh-Hyun Kwon isn't leaving the position he attained last summer however, and will continue to oversee the company's component business. Meanwhile, Yoon will continue his job overseeing the consumer electronics division that makes TVs and appliances, while Shin runs the IT and mobile phone business. Letting each run their own ship seems like an odd move, however we suppose when you're raking in $8 billion+ in profits in a quarter, you can afford to try a few different things, and they're still looking up to Samsung Group chairman Lee Kun-hee. Still, there was a time when each unit operating so independently was seen as a problem.

Filed under: , , , ,

Comments

Source: Korea Newswire, Samsung Tomorrow

Source: http://feeds.engadget.com/~r/weblogsinc/engadget/~3/XmATf7ll69M/

senior bowl norovirus Coachella 2013 Eclampsia Kendrick Lamar JJ Abrams New Orleans Pelicans

No comments:

Post a Comment

Note: Only a member of this blog may post a comment.