Samsung Electronics President Lee In-yong Announces Intention to Resign from Compliance Oversight Committee

President Lee In-yong of Samsung Electronics

[Asia Economy Reporter Changhwan Lee] Lee In-yong, President of Samsung Electronics, has expressed his intention to resign from his position as a member of the Samsung Compliance Committee.

The Samsung Compliance Committee explained on the 4th that President Lee, who is in charge of external cooperation (CR) at Samsung Electronics, found it difficult to perform both company and committee duties simultaneously due to the company's significant expansion of communication with various social sectors following the committee's recent recommendations, leading to his unavoidable resignation.

President Lee was the only internal Samsung Group executive participating in the Samsung Compliance Committee.

Although the committee cited work reasons, there is speculation that he expressed his intention to resign because he felt limitations in the committee's activities, which have recently made various demands on Samsung Electronics Vice Chairman Lee Jae-yong.

In March, the Compliance Committee demanded an apology regarding controversies over management succession and non-unionized management, which led Vice Chairman Lee Jae-yong to issue a public apology last month.

The committee plans to promptly proceed with the appointment process for a successor member.

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