Samsung Electronics continues to implement the dual CEO system and establishes a future business planning team to explore new business areas

According to news from this site on November 27, today, Samsung Electronics announced personnel changes for 2024, including the promotion of 2 people and the position changes of 3 people.

The main feature of this personnel appointment is the establishment of a "Future Business Planning Group" as a vice president-level organization to discover new businesses that are not extensions of existing businesses.

Promotion

• Yong Seok-woo (용석우) is promoted to head of the visual display business unit and president of Samsung Electronics’ DX division

• Kim Won-kyung (김원경), Vice President of Global Public Affairs of Samsung Electronics’ DX Division Management Support Office, has been promoted to President of Global Public Affairs of Samsung Electronics

Position Change

• Jeon Young-hyun (전영현) transitioned from the position of Chairman of the Board and Vice Chairman of Samsung SDI to Vice Chairman of Samsung Electronics’ Future Business Planning Department

• Vice Chairman and Chief Executive Officer of Samsung Electronics Han Jong-hee (한종희), the official, head of the DX department, head of the visual display department, and head of the home appliances department, was transferred to vice chairman of Samsung Electronics and head of the DX department and home appliances department.

• Ji Kyung-hyun (경계현), President of Samsung Electronics Corporation and Head of DS Division

Samsung Electronics said it expects to maintain the dual CEO system to promote management stability and lay a sustainable foundation for growth, including strengthening the competitiveness of core businesses and developing world-class technology.

According to the attention of this site, Samsung Electronics has confirmed that it will release a regular appointment and reorganization plan for senior executives below the vice president in 2024 in the near future

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