Renault Samsung to Reduce Executive Rank System from 4 to 2 Levels Starting July

[Asia Economy Reporter Woo Su-yeon] Renault Samsung Motors announced on the 30th that it will simplify the executive rank system into two levels starting in July to introduce a horizontal organizational culture.

The newly introduced Renault Samsung executive rank system abolishes the existing four-level ranks and titles such as Vice President, Senior Executive Vice President, Executive Director, and Deputy Executive Director, and simplifies the ranks into two levels centered on positions based on roles and responsibilities. Accordingly, Renault Samsung executives will be classified into only two ranks according to their positions: 'Head of Division' and 'Responsible Executive.'

A Renault Samsung official stated that this change in the rank system aims to transform from a vertical organizational culture to a horizontal one in line with the rapidly changing industrial environment, thereby further enhancing organizational efficiency. It is also a concrete application of one of Renault Group's five corporate culture execution principles, the 'Simplification Strategy (We Make it simple),' to the executive rank system.

Renault Samsung plans to continue attempting various changes to become a flexible and agile organization and create an organizational environment that will achieve new growth.

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