By Yun Sang-ho

crow@ddaily.co.kr

[Digital Daily]

Seoul, Korea, November 2, 2017- Samsung Electronics today announced new appointments of senior executives to form its next generation of leadership.

Seven executive vice presidents were promoted to presidents for their exceptional contributions: Tim Baxter was recognized for driving success across a broad range of consumer products in the North American market; the Device Solutions (DS) Division saw the largest number of promotions, reflecting its outstanding performance this year.

In addition, President Hyunsuk (HS) Kim, Head of Consumer Electronics (CE) Division, will also lead Samsung Research, which was created by combining the Company's main hardware and software research centers for its branded products. This will mark the first time a CEO will directly oversee such research center.

The promotions are as follows:

▲Tim Baxter was promoted to Corporate President and will continue to serve as CEO of Samsung Electronics America

▲Gyoyoung Jin, Head of Memory Business, was promoted to President and will maintain his current role

▲Inyup Kang, Head of System LSI Business, was promoted to President and will maintain his current role

▲Eun Seung Jung, Head of Foundry Business, was promoted to President and will maintain his current role

▲Jong-Hee Han was named President and Head of Visual Display Business; previously Executive Vice President and Head of R&D at Visual Display Business

▲Hee-Chan Roh was appointed as President and Chief Financial Officer; previously Executive Vice President and CFO at Samsung Display

▲Deuk-kyu Hwang was appointed as President and Head of Samsung China; previously Executive Vice President in charge of the Giheung-Hwaseong Complex, Semiconductor Business

The heads of the Company's three divisions -- Kinam Kim, HS Kim, and Dongjin (DJ) Koh -- will assume additional roles associated with their respective new posts.

▲Kinam Kim, Head of DS Division, will also serve as CEO of Samsung Advanced Institute of Technology, the primary research center for the Company’s components and materials.

▲HS Kim, Head of CE Division, will additionally become both Head of Digital Appliance Business and Head of Samsung Research

▲DJ Koh, Head of IT & Mobile Communications (IM) Division, will continue to lead the Mobile Communications Business

The Company also announced that the previous heads of the DS, CE, and IM divisions, in recognition of their invaluable contributions to Samsung Electronics’ success, will remain within the Company with more senior executive titles.

The three former heads will not be involved in the Company's daily operations, but will leverage their knowledge and insights to advise the current management team. As previously stated, they will leave the Board of Directors as of March 2018.

▲Oh-Hyun Kwon, recognized for making Samsung Electronics the world’s largest semiconductor company, has been named Chairman of Samsung Advanced Institute of Technology. His expertise will help guide future technology development.

▲Boo-Keun Yoon has been appointed as Vice Chairman and will be responsible for the Company's external Corporate Relations.

▲Jong-Kyun Shin has been appointed as Vice Chairman and will play a lead role in nurturing the Company's future leaders.

With today’s announcement, the Company has completed its leadership change. The new team will accelerate the pace of innovation and address the increasingly complex demands of the connected world, keeping the Company on its growth trajectory.


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