Samsung Electronics reshuffle sees joint CEOs

Mar 15, 2013

Samsung Electronics announced Thursday that the heads of its consumer electronics and mobile divisions had been promoted to become joint CEOs of the South Korean giant.

The reshuffle, announced at an annual general shareholders' meeting, leaves the company with three joint CEOs.

Boo-Keun Yoon, head of the huge television unit, and mobile division chief J.K. Shin will become co-CEOs with Kwon Oh-Hyun, who will also retain his position as Chairman of the Board of Directors.

The promotions were announced as the world's biggest by revenue unveiled its latest flagship Galaxy S4 in New York City.

A company statement noted that under Yoon Samsung's TV business retained its global leadership position, while Shin oversaw the mobile division's surge to the top of the world rankings in the smartphone and overall mobile phone sectors.

Yoon will continue his stewardship of the consumer electronics division, which includes TVs and appliances, while Shin will remain in charge of the IT and mobile communications business, it said.

"The new will serve to clarify and enhance independent management of the two set divisions," the statement added.

Explore further: Twitter boss launches global cash register service

add to favorites email to friend print save as pdf

Related Stories

Samsung launches Galaxy S smartphone in China

Sep 08, 2010

South Korea's Samsung Electronics said Wednesday it has launched its Galaxy S smartphone in China to catch up with global leader Nokia in the world's biggest market.

Samsung says 5 mn new-model Galaxy handsets sold

Jul 27, 2011

South Korea's Samsung Electronics, the world's second-largest mobile phone maker, said Wednesday it had sold five million Galaxy S II smartphones worldwide since the device debuted in April.

Samsung says 10 million Galaxy S II handsets sold

Sep 25, 2011

South Korea's Samsung Electronics, the world's second-largest mobile phone maker after Nokia, said Sunday it had sold 10 million Galaxy S II smartphones worldwide since the device debuted in April.

Samsung launches new Internet-connected camera

Nov 29, 2012

Samsung Electronics on Thursday launched a new Internet-connected camera in South Korea, as the electronics giant intensifies efforts to expand its dominance in the mobile phone market to other sectors.

Recommended for you

'Call of Duty' blasts past $10 bn in sales

22 hours ago

Blockbuster military shooter video game "Call of Duty" has blasted past $10 billion in lifetime sales, propelled by demand for the latest installment in the 11-year-old franchise.

Square's point-of-sale service goes global

Nov 20, 2014

Financial services startup Square is taking aim at cash registers across the globe, making its point-of-sale software available internationally in English, Spanish, French and Japanese.

Apple, Xiaomi trade smartphone barbs in China

Nov 20, 2014

Top executives from US technology giant Apple and Chinese smartphone upstart Xiaomi traded light-hearted barbs on Thursday at a Chinese Internet conference, acknowledging the fierce competition between the ...

User comments : 0

Please sign in to add a comment. Registration is free, and takes less than a minute. Read more

Click here to reset your password.
Sign in to get notified via email when new comments are made.