Samsung Electronics Promotes 214 Executives in Largest Move Since Late 2017 (Update)

[Asia Economy Reporter Kim Hyewon] Samsung Electronics announced on the 4th that it conducted the 2021 regular executive appointments for executives, Fellows, and Masters.

With this appointment, a total of 214 people were promoted, including 31 Vice Presidents, 55 Senior Vice Presidents, 111 General Managers, 1 Fellow, and 16 Masters. This is the largest scale since the end of 2017 (221 people).

Samsung Electronics explained, "Considering the significant improvement in performance compared to last year through timely response to demand and operational efficiency despite the uncertain management environment caused by the global spread of the novel coronavirus infection (COVID-19), we expanded the scope of promotions."

Samsung Electronics promoted 31 key talents with both management performance and outstanding leadership to Vice Presidents, strengthening the pool of future Chief Executive Officer (CEO) candidates.

The Vice President promotees include Go Seunghwan, Head of Purchasing Team at the VD Business Division; Lee Kanghyup, Head of Strategic Marketing Team at the Home Appliances Business Division; Kim Haksang, Head of NC Development Team at the Wireless Business Division; Choi Bangseop, Head of Mobile Business at SEA Corporation (USA); Choi Seungbeom, Head of Technology Strategy Team at Samsung Research; Yoon Taeyang, Head of Pyeongtaek Plant at Global Infrastructure Division; Lee Seokjun, Head of LSI Development Office at System LSI Business Division; Hwang Gihyun, Head of Foundry Process Development Team at Semiconductor Research Institute; and Han Intaek, Head of Material Research Center at the Comprehensive Technology Institute.

Samsung Electronics boldly selected 25 talents with excellent performance and growth potential regardless of age or years of service, based on the principle of meritocracy. In the interest of strengthening diversity and inclusion, the company maintained an open-door policy for foreign and female executives, appointing 10 foreign and female executives.

Additionally, the number of promotions for outstanding personnel in the software field was expanded to 21, aiming to secure future core growth engines centered on software.

Furthermore, Samsung Electronics appointed 1 Fellow and 16 Masters as the top experts in the research and development sector representing the company's technological capabilities.

Samsung Electronics completed the executive appointments following the president-level appointments on the 2nd. The company plans to finalize and announce organizational restructuring and position appointments soon.

This content was produced with the assistance of AI translation services.