Samsung Electronics Co., Ltd. announced on Friday the appointment of Park Hark-kyu as the new head of its Business Support Office, a critical decision-making body that provides support to Chairman Jay Y. Lee.
The South Korean tech giant stated in a release that the Business Support Office has been elevated from a task force to a formal division.
Samsung noted that Park’s predecessor, Jung Hyun-ho, will transition to an advisory role for Chairman Lee.
A company spokesperson said, "With Samsung’s operations back on track, Vice Chairman Jung expressed his intention to step down from management and focus on nurturing future leaders."
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
Comments