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Samsung appoints two new CEOs in bid to stay competitive

Both appointees have a long history at the company

By Nida Zafar
Samsung appoints two new CEOs in bid to stay competitive

Samsung Electronics has announced the appointment of two new CEOs as part of internal changes to the organization’s structure.

Jong-Hee Han is the new CEO of SET Division, focusing on mobile and consumer electronics. He continues to lead the Visual Business Display section. “[Han] is expected to strengthen the synergies among the different businesses in the SET Division and help drive new businesses and technologies,” a press release announcing the appointment notes.

Kyehyun Kyung has also been appointed CEO of the Device Solutions Division, focusing on semiconductors. Kyung was the previous CEO of Samsung Electro-Mechanics and will now “ lead innovation in the components business.”

The company notes the changes will help them be stronger competitors and assist with the company’s growth.

Image source: ShutterStock

Source: Samsung

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