Samsung Electronics has promoted the heads of its mobile and consumer electronics businesses to share leadership along with the existing boss who oversees components, as the company looks to strengthen the independence of its massive internal divisions.
The company said Friday that both J.K. Shin, head of IT & Communications, and Boo-keun Yoon, who leads consumer electronics will be promoted to "CEO," a role they will share with existing CEO Oh-Hyun Park.
Samsung Electronics dominates in multiple consumer product categories, including mobile phones and TVs, as well as components such as NAND flash, displays, and DRAM. The South Korean giant said in a press release that the personnel moves were aimed at distinguishing its growing handset and television set businesses, which have outgrown its massive component division.
"The new leadership structure will serve to clarify and enhance independent management of the two set divisions, as well as the independent management of the set and component businesses," the company said in the release.
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Source: http://www.pcworld.com/article/2030987/samsung-appoints-co-ceos.html#tk.rss_laptopcomputers
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