Edition: Global  
One News Page
“Probably the fastest-access news portal in the world”
> >

Samsung Electronics just lost its CEO at the height of its success

The Next Web Friday, 13 October 2017 ()
Samsung Electronics just lost its CEO at the height of its successSamsung Electronics, the flagship business of the South Korean mega-conglomerate and the second largest tech company on the planet, has just lost its CEO and vice chairman Kwon Oh-hyun today, as he announced his decision to step down. In a letter to employees, Kwon noted that as the firm is “confronted with unprecedented crisis inside out, I believe that time has now come for the company start anew, with a new spirit and young leadership to better respond to challenges arising from the rapidly changing IT industry.” He’s almost certainly referring to the arrest of Lee Jae-yong, the de facto…

This story continues at The Next Web

Or just read more coverage about: Samsung
1
shares
Share on
Facebook
Share on
Twitter
Post on 
Reddit
Share by
Email
 
Source: Bloomberg Global Business - < > Embed

News video: Samsung Electronics CEO to Step Down

Samsung Electronics CEO to Step Down 01:00

Oct.12 -- Samsung Electronics' Vice Chairman and Chief Executive Officer Kwon Oh-hyun is stepping down after more than three decades at the company, saying he's making way for new leadership. Bloomberg's Haidi Lun reports on "Bloomberg Markets: Asia."

You Might Like


Recent related news

Samsung Electronics CEO Kwon announces surprise resignation as profits surge

Samsung Electronics Co Ltd said on Friday its CEO and Vice Chairman Kwon Oh-hyun plans to step down from management, deepening concerns over a leadership vacuum...
Globe and Mail - Business

Samsung CEO Kwon Oh-hyun to resign citing ‘unprecedented crisis’

Samsung CEO Kwon Oh-hyun to resign citing ‘unprecedented crisis’
Kwon Oh-hyun, Samsung Electronics’ CEO, vice chairman, and the head of its hugely successful components business, has announced his resignation. He will step...
The Verge - TechnologyAlso reported by •ReutersReuters IndiaAppleInsiderBGR IndiaRTTNews

Other recent news in Internet

Huawei’s Mate 10 flagship series comes in 3 bezel-less flavors to take on the IPHONEGOOGLE PHOTOS update brings facial recognition to Fido
A scary flock of birds freaked out as Hurricane Ophelia approached IRELANDEx-HURRICANE OPHELIA slams Ireland as one of country's strongest storms in decades
Now the Producers Guild of America is also looking to boot HARVEY WEINSTEIN#MeToo: SEXUAL HARASSMENT stories sweep social media after Weinstein allegations
NETFLIX adds more subscribers than expected, shares hit recordNew 'Black Panther' trailer has more MICHAEL B. Jordan, god bless us all
Colin Kaepernick is standing up to the NATIONAL FOOTBALL LEAGUEThe world looks different after today's big neutron STAR COLLISION discovery

Twitter

Environmentally friendly: One News Page is hosted on servers powered solely by renewable energy
© 2017 One News Page Ltd. All Rights Reserved.  |  About us  |  Disclaimer  |  Press Room  |  Terms & Conditions  |  Privacy Policy  |  Content Accreditation
 RSS  |  News for my Website  |  Free news search widget  |  Help  |  Contact us  |  DMCA / Content Removal
How are we doing? Send us your feedback  |   LIKE us on Facebook   FOLLOW us on Twitter   FIND us on Google+