Vice Chairman Jung Hyunho of Samsung Electronics Steps Down... Park Hakkyu Appointed as New Head of Business Support Office

Business Support Task Force Upgraded to Permanent "Business Support Office"
Appointment Changes Announced for Park Hakkyu and Others
Will Samsung Electronics Regain Its Control Tower Role?

Jung Hyunho, Vice Chairman of Samsung Electronics, is stepping down from his role as head of the Business Support Task Force, retiring from the front lines of management. Along with his departure, the Business Support Task Force, which had operated as a temporary organization, will be elevated to a permanent body called the Business Support Office.

On November 7, Samsung Electronics announced that Vice Chairman Jung’s role has been changed to Advisor to the Chairman of Samsung Electronics. Hakgyu Park has been appointed as the new Head of the Business Support Office.

Jung Hyunho, Vice Chairman of Samsung Electronics. Yonhap News Agency.

This personnel change is interpreted as an effort to reorganize the overall management support system and strategic functions. The Business Support Task Force, which has been responsible for coordinating business among Samsung Electronics and its affiliates as well as making major decisions, will be upgraded from a temporary organization to a permanent one under the name ‘Business Support Office’.

Industry insiders note that following the state affairs scandal, the Future Strategy Office was dissolved and its functions distributed among three Business Support Task Forces at Samsung Electronics, Samsung Life Insurance, and Samsung C&T. Now, it is expected that Samsung Electronics will once again serve as the group’s control tower.

Yoonho Choi, who previously served as Head of Management Diagnosis at the Business Support Task Force, has been appointed as Head of Strategy Team at the Business Support Office. Changhoon Joo, former Vice President and Head of the Business Support Task Force, will now serve as Head of Management Diagnosis Team at the Business Support Office. Heedong Moon, former Vice President of the Business Support Task Force, has been named Head of the People Team at the Business Support Office.

Hakgyu Park, Head of Business Support Office at Samsung Electronics

Yoonho Choi, Head of Strategy Team, Business Support Office, Samsung Electronics

Joo Changhoon, Head of Business Diagnosis Team, Business Support Office, Samsung Electronics

Moon Heedong, Head of People Team, Business Support Office, Samsung Electronics

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