New leadership take helm at Samsung Electronics

Kwon stated: “The next generation of leaders are well suited to accelerate the pace of innovation and address the demands of the connected world. They have proven track records with extensive experience and outstanding expertise in their fields.”

Expertise and experience

Kinam Kim joined the company in 1981 and is an Institute of Electrical and Electronics Engineers fellow and renowned authority in semiconductors, having served as the head of Samsung Advanced Institute of Technology; CEO of Samsung Display; head of the Memory, System LSI Businesses and, until now, was responsible for the overall semiconductor business.

HS Kim is an expert in display products, having played a major role in the company achieving the top position in global TV sales for the 11th consecutive year with numerous display technology breakthroughs.

DJ Koh recently delivered solid results in the mobile business, having overseen the development of its flagship Galaxy smartphones with differentiated products and services, based on his vast experience as the previous head of mobile R&D.

Separately, president Sang-Hoon (SH) Lee will leave his position as CFO, effective immediately. Lee has been recommended by outside board members to be chairman of the board and succeed Kwon next March. This would mark the first time that the company will separate the chairman of the board and the CEO roles.

At the next AGM in March 2018, the three new division heads as well as Lee will join the board of directors. Kwon, Yoon and Shin will remain as members of the board until then.