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Samsung shifts into a multiple-CEO system, adds two new co-CEOs

Samsung announces a multiple-CEO system, adds two new co-CEOs to the company
By: Anthony Garreffa | Business, Financial & Legal News | Posted: Mar 15, 2013 4:08 am

We've just seen the announcement of the game-changing Galaxy S IV from Samsung, but there was another announcement that gets lost in the waves of the Internet. The company have announced they're switching to a multiple-CEO system, pushing up Presidents Boo-keun Yoon and JK Shin thanks to their great performance.

 

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Vice Chairman, Chairman of the Board of Directors and current CEO, Oh-Hyun Kwon isn't leaving his post, but will continue to oversee Samsung Electronics' component business. Yoon will continue as is, overseeing the consumer electronics division that makes TVs and applications whilst Shin steers the ship that is the IT and mobile phone business - and he seems to be doing a damn good job of it so far.

NEWS SOURCES:Engadget.com

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