Samsung Electronics on Wednesday reported it would keep its a few CEOs at this year’s reshuffle, citing uncertainties in the international business enterprise ecosystem for the lack of improvements.
CEOs DJ Koh, HS Kim, and Kim Ki-nam, who oversee the company’s cell, client electronics and semiconductor divisions, respectively, will retain their posts.
There had been also only small promotions and place improvements at the top rated positions.
This integrated the marketing of Jae Seung Lee, head of its dwelling appliance business enterprise under the consumer electronics division, from executive vice president to president.
The property equipment business enterprise executed “remarkably” underneath Lee’s leadership this 12 months, Samsung explained. He is the to start with president to arrive out of the property equipment business enterprise.
The dwelling appliance business enterprise performed strongly in 2020 from an maximize in demand from customers for dwelling electronics amid the COVID-19 pandemic.
Government vice presidents Jung-bae Lee and Siyoung Choi ended up also promoted to turn into the presidents and heads of the memory and foundry businesses, respectively, under the semiconductor division.
Their predecessors, Gyoyoung Jin and Eun Seung Jung, had been each named to new posts. Jin was named head of Samsung’s State-of-the-art Institute of Technological know-how even though Jung was named CTO of the semiconductor division.