Samsung Announces Lee Jae Yong As Its New Executive Chairman
According to Samsung, the Board approved the recommendation to enable quick and bold decision-making. The Directors cited a need for a leader to steer the Korean behemoth amid global economic uncertainties. Lee taking over as the Chairman will stabilize the company, the Board expects. He will reinforce responsible management at Samsung. Samsung appoints a new Chairman after two years Samsung appoints a new Chairman after two years Lee Jae-yong is the only son of former Samsung Chairman Lee Kun-hee, who died in October 2020....