Samsung Electronics Announces Leadership Restructure, Vice Chairman Jun to Lead Memory Business
Samsung Electronics has announced significant leadership changes today, with a focus on strengthening its semiconductor business and future competitiveness.
“Vice Chairman Young Hyun Jun, Head of Device Solutions (DS) Division, was named CEO and will also become the Head of Memory Business and Samsung Advanced Institute of Technology. Jinman Han was promoted to President and will become the Head of Foundry Business, while Seok Woo Nam will become Chief Technology Officer of Foundry Business, a newly-created position,” the company announced.
“JH Han, Vice Chairman, CEO and Head of Device eXperience (DX) Division, will also lead a newly-created committee that will focus on strengthening product quality across the company.”
The company provided background on the new appointments: “Jinman Han was previously Executive Vice President and President of Device Solutions America, leading the Company’s semiconductor business in the U.S. Previously, he worked in design teams for DRAM and Flash memory and has also led SSD development and strategic marketing.”
“Seok Woo Nam, previously President and Head of FAB Engineering & Operations, is an expert in semiconductor process development and manufacturing with extensive experience in memory process technology and foundry manufacturing technology.”
Additionally, “Hansung Ko, CEO of Samsung Bioepis, has vast experience in developing new business areas such as biotechnology and is expected to lead efforts in finding new growth opportunities.”
Other key appointments include Yong Kwan Kim as President of Management Strategy at DS Division, moving from his role as Executive Vice President of Business Support TF; Wonjin Lee as President and Head of Global Marketing Office, previously serving as executive advisor; and President Hark Kyu Park’s transition to the Business Support TF from his position as Chief Financial Officer.
