Samsung Announces Management Shake-Up

A lot has been happening to Samsung in the last few months. For instance, one of its top officials was sentenced to five years in prison for bribery and...

A lot has been happening to Samsung in the last few months. For instance, one of its top officials was sentenced to five years in prison for bribery and corruption charges. On Tuesday this week, the South Korean company announced that it was changing its management in an effort to boost the reputation of the company. These changes will take place even in the highest ranks. Other than making smartphones, Samsung has built a reputation for making microchips that are used on a number of electronics. Other than the jailing of one of its former executives, a prominent patriarch from the ruling family has been in a comma for the last three years. Things got worse about three weeks ago when a senior executive in the company decided to resign abruptly. The resigning executive is regarded as one of the leading executives who had played a huge role in implementing the company’s business model. However, it’s important to realize that the bad reputation has not diminished the innovativeness of the company. At the same time, the electronic giant has remained very profitable. As a matter of fact, the company announced the second highest profits in single quarter on Tuesday. The newly appointed managers will play a huge role in ensuring that the company remains profitable and competitive. Most of these managers have been drawn from the deep ranks of the professional management that the company maintains.

Some of the three executives include Kim Kinam. He will be in charge of the lucrative components of the business. The other executive will be H.S.Kim, and he will be in charge of consumer electronics as the chief. Finally, the last executive will be D.J. Koh who will be responsible for the mobile-device division. At the same time, they will serve as co-executives in the company once they are appointed to the board. However, for this to happen, each will require the approval of the shareholders. The first executive Kim Kinam will replace Kwon Oh-hyun who has been credited as the mastermind behind the successful and profitable components business. This is the branch that is responsible for producing a number of chips that have many customers from around the globe. Mr. Kwon is the executive who retired without notice. In his resignation letter, he said that Samsung needs a new leadership as it had been confronted by an unprecedented crisis. Mr. Lee, on the hand, was promoted to become the chairman of the board.

Categories
Business & FinanceTech
65 Comments on this post.
  • Douglascep
    30 November 2020 at 3:02 pm
  • Brianrog
    3 December 2020 at 9:32 am

    how long does it take cialis to take effect cialis generic tiujana cialis

  • Brianrog
    3 December 2020 at 5:40 pm
  • Brianrog
    4 December 2020 at 1:25 am
  • Brianrog
    4 December 2020 at 11:47 am

    cialis free trial cheap cialis the effects of cialis on women

  • Brianrog
    4 December 2020 at 8:50 pm
  • Brianrog
    5 December 2020 at 5:51 am

    prescription meds without the prescriptions canada drugs online over the counter erectile dysfunction pills

  • PhilipBaill
    7 December 2020 at 8:26 am
  • PhilipBaill
    7 December 2020 at 5:15 pm
  • DanielJaf
    9 December 2020 at 8:07 pm
  • DanielJaf
    10 December 2020 at 4:22 am
  • DanielJaf
    10 December 2020 at 12:47 pm
  • DanielJaf
    10 December 2020 at 8:52 pm
  • DanielJaf
    11 December 2020 at 4:49 am
  • DanielJaf
    11 December 2020 at 12:49 pm
  • DanielJaf
    11 December 2020 at 9:08 pm
  • Alleninefs
    12 December 2020 at 3:18 pm
  • Alleninefs
    12 December 2020 at 11:11 pm
  • Alleninefs
    13 December 2020 at 7:29 am
  • WilfredNib
    15 December 2020 at 4:49 pm
  • WilfredNib
    16 December 2020 at 8:51 am
  • WilfredNib
    16 December 2020 at 8:42 pm

    cenmox antibiotics buy Cenmox pills erectile dysfunction

  • HaroldJam
    17 December 2020 at 3:36 pm

    cialis dosage 40 mg dangerous generic cialis cialis at a discount price

  • HaroldJam
    18 December 2020 at 3:39 am

    30 day cialis trial offer buy cialis canadian cialis

  • HaroldJam
    18 December 2020 at 3:19 pm
  • HaroldJam
    19 December 2020 at 3:24 am
  • HaroldJam
    19 December 2020 at 3:32 pm
  • HaroldJam
    20 December 2020 at 3:38 am
  • HaroldJam
    20 December 2020 at 3:30 pm
  • HaroldJam
    21 December 2020 at 3:13 am
  • IsaacPex
    21 December 2020 at 4:50 pm

    hbqoaxxv viagra cheap viagra

  • IsaacPex
    22 December 2020 at 4:34 am
  • IsaacPex
    22 December 2020 at 4:39 pm
  • Johnnypauct
    23 December 2020 at 8:58 pm
  • Johnnypauct
    24 December 2020 at 9:30 am
  • Johnnypauct
    24 December 2020 at 10:15 pm
  • Johnnypauct
    25 December 2020 at 10:42 am
  • Johnnypauct
    25 December 2020 at 11:12 pm
  • Jamesber
    29 December 2020 at 11:54 pm
  • Jamesber
    30 December 2020 at 5:05 pm
  • Jamesber
    31 December 2020 at 10:19 am
  • Jamesber
    1 January 2021 at 3:34 am
  • Jamesber
    1 January 2021 at 8:54 pm
  • GeorgeItaTs
    3 January 2021 at 9:29 pm
  • GeorgeItaTs
    4 January 2021 at 2:58 pm
  • Fwsxhaify
    9 January 2021 at 2:08 pm
  • Fgvdreete
    9 January 2021 at 3:51 pm
  • Nllpreete
    10 January 2021 at 6:28 pm
  • Lokuhaify
    10 January 2021 at 9:28 pm
  • DavidApose
    11 January 2021 at 10:47 am
  • JlloMoume
    12 January 2021 at 6:32 am
  • DavidApose
    12 January 2021 at 10:06 am
  • DavidApose
    13 January 2021 at 12:45 pm
  • Jtmfhaify
    13 January 2021 at 5:21 pm

    ed drugs rx express scripts pharmacy

  • DavidDausy
    15 January 2021 at 4:33 am
  • DavidDausy
    16 January 2021 at 4:02 am
  • DavidDausy
    17 January 2021 at 3:56 am
  • Robertfom
    17 January 2021 at 10:16 am
  • Fbdhreete
    18 January 2021 at 8:55 pm
  • Fsbxhaify
    19 January 2021 at 9:16 am

    acheter viagra free brand viagra viagra tablets from australia [url=http://genericrxxx.com/]buy generic viagra with mastercard[/url] ’

  • Michaelwer
    19 January 2021 at 12:56 pm
  • Nlbxreete
    19 January 2021 at 10:55 pm

    , cialis cialis online buy cialis on liuner [url=http://cialijomen.com/]what\’s works better viagra or cialis?[/url] ’

  • Michaelwer
    20 January 2021 at 1:33 pm

    generic cialis bitcoin cialis generic mhlifmki does cialis lower blood pressure

  • Lcxhaify
    20 January 2021 at 4:01 pm

    best viagra deals from india buy viagra in canada viagra canada [url=http://genqpviag.com/]cheap viagra and cialis in australia[/url] ’

  • JvcbxMoume
    21 January 2021 at 5:15 am

    cheapest cialis canada cialis pills for sale cialis black 800 mg pill house [url=http://phrcialiled.com/]online doctor cialis[/url] ’

  • Leave a Reply

    *

    *

    RELATED BY