Samsung Electronics Semiconductor, Home Appliance, and Mobile Command Heads All Replaced... Chairman Kim Ki-nam Promoted

[Asia Economy Reporter Kim Hyewon] Samsung Electronics has replaced all three heads of its semiconductor, home appliance, and mobile divisions. Kim Ki-nam, Vice Chairman who led the semiconductor division (DS), has been promoted to Chairman and will lead the Comprehensive Technology Institute, a cradle for future technology development. The consumer electronics (CE) and IT & mobile (IM) organizations, which have been unified into one, will be led by Vice Chairman Han Jong-hee, who was promoted from President.

On the 7th, Samsung Electronics announced its 2022 regular executive appointments involving a total of nine people, including one Chairman, two Vice Chairmen, three Presidents promoted, and three personnel changes.

The key point of this personnel reshuffle is the unexpected replacement of all three division heads. A Samsung Electronics official explained, "This personnel move focuses on bold generational change based on performance and strengthening future business competitiveness for a new era and new changes." It is being evaluated as a groundbreaking personnel move reflecting Vice Chairman Lee Jae-yong’s determination for a ‘New Samsung.’ ▶Related article page 3

Kyung Kye-hyun, President of Samsung Electro-Mechanics, was appointed as the new head of the Device Solutions (DS) division, which is responsible for the semiconductor business, succeeding Chairman Kim. President Kyung, a design expert who led memory semiconductor development at Samsung Electronics, has returned to his original company with a special mission to maintain the semiconductor technology gap. Chairman Kim will focus on future technology development and nurturing successors as Chairman of the Comprehensive Technology Institute, similar to former Samsung Electronics Chairman Kwon Oh-hyun.

The set business, focusing on home appliances and smartphones, has been brought under one roof. Vice Chairman Han, a TV development expert, is expected to enhance synergy between business units and lead the leap of the set business by discovering future growth engines at the company-wide level.

Jung Hyun-ho, head of the Business Support Task Force and known as a close aide to Vice Chairman Lee, was also promoted to Vice Chairman. Vice Chairman Jung will play a de facto group control tower role, including devising mid- to long-term business strategies responsible for Samsung Electronics’ future.

Choi Kyung-sik, Vice President and Head of Samsung Electronics North America, and Park Yong-in, Vice President and Head of Strategic Marketing at the DS division’s System LSI Business Unit, were promoted to President. Kim Soo-mok, Vice President and Head of Litigation Team at Samsung Electronics Legal Office, was promoted to President and Head of Legal Office for the set division. Park Hak-gyu, Head of Management Support Office at the DS division, was reassigned as President and Head of Management Support Office for the set division, and Kang In-yeop, President of the DS division’s System LSI Business Unit, was reassigned as President of DS division’s North America operations.

Samsung Electronics plans to finalize and announce the 2022 regular executive appointments below the Vice President level and organizational restructuring soon.

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