Seoul, Oct 31 (IANS) In line with steps to adopt new leadership amid the absence of heir apparent Lee Jae-yong, Samsung Electronics said on Tuesday that it has named new executives to head its business divisions.
Samsung said Kim Ki-nam will head the device solutions division, which oversees the company's chip business, Yonhap news agency reported.
Kim Hyun-suk was named to head the consumer electronics division while Koh Dong-jin was tapped as the new head of the IT and mobile division, the company was quoted as saying.
Samsung said it would maintain the current three co-CEO management structure.
The announcement came as Samsung's CEO and Vice Chairman Kwon Oh-hyun, who also headed the chip business, offered to resign in October along with Yoon Boo-keun and Shin Jong-kyun, who headed the consumer electronics and mobile divisions respectively.
Kwon, Yoon and Shin will remain as members of the board until March.
Samsung said while Lee Sang-hoon would step down from the seat as the Chief Financial Officer, he was recommended to succeed Kwon as the Chairman of the board in March.
Doraiah Chowdary Vundavally is a Software engineer at VTech . He is the news editor of SocialNews.XYZ and Freelance writer-contributes Telugu and English Columns on Films, Politics, and Gossips. He is the primary contributor for South Cinema Section of SocialNews.XYZ. His mission is to help to develop SocialNews.XYZ into a News website that has no bias or judgement towards any.
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