Management and Board of Directors
In December 2010, Samsung switched its management system from the single CEO system of last year under Choi Gee-Sung, to a two-person management team with Choi Gee-Sung, CEO and Vice President, and Lee Jae-Yong, Chief Operating Officer and President.In June 2012, Samsung appointed Kwon Oh-hyun as the new CEO of the company. The team was credited as being younger both in age and in outlook, and in keeping with the new focus on youthfulness in spirit, some executives have even dyed their hair black. Samsung also reorganized its overseas marketing bases in line with changes in the market, including a combined Britain/Continental Europe regional subsidiary, and a combined China/Taiwan regional subsidiary.
The company added a new digital imaging business division in 2010, and now consists of eight divisions, including the existing display, IT solutions, consumer electronics, wireless, networking, semiconductor, and LCD divisions.
It also reorganized its business organization to strengthen business synergies, by merging its Digital Air Solutions Team and Samsung Electronics Gwangju (consumer electronics and air conditioners, merged in 2010) under the consumer electronics business division. The Set Top Boxes business was merged with the Visual Display Business Division.
The company's December 2010 reorganization was as follows: Among the eight divisions, the network division and the digital imaging division experienced new appointments, while the remaining divisions were maintained in accordance with their strong results.
- Chief Executive Officer, Vice Chairman: Choi Gee-Sung
- Chief Financial Officer: President Yoon Ju-hwa
- Chief Operating Officer, President: Lee Jae-Yong
The following are the names of board of directors members:
| Gee-Sung Choi | Vice Chairman, President and Chief Executive Officer |
| Ju-Hwa Yoon | Chief Financial Officer |
| Dong-Min Yoon | Independent Director (Attorney at Law, Kim & Chang) |
| Chae-Woong Lee | Independent Director (Professor of Economics, Sungkyunkwan University) |
| In-Ho Lee | Independent Director (Advisor, Shinhan Bank) |
| Oh-Soo Park | Independent Director (Professor of Business Administration, Seoul National University) |
Read more about this topic: Samsung Electronics
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