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Samsung Names New CEO for Handset and Consumer Electronics Division
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South Korea's Samsung Group has named Kwon Oh-hyun as the new CEO of Samsung Electronics, its handsets and consumer electronics subsidiary.
Kwon Oh-hyun in an internal promotion from within the company, having headed its component business and being credited with its turn around.
The current CEO, Choi Gee-sung is moving to become the head of corporate strategy at the parent company Samsung Group.
Under his stewardship, Samsung rose to become probably the largest handset manufacturer in the world, with various reports suggesting that the company has now overtaken Nokia in raw sales volumes, and has long eclipsed the company in the smartphone market.
"As before, vice-chairman Kwon will oversee the company's component business but, as chief executive, he will also handle corporate-wide affairs," Samsung said in a statement.
Tags: [samsung]
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