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Samsung forms Future Business Planning Unit: Prep for thrilling 2024

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10 months ago

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Today, Samsung announced the regular personnel changes for the 2024 presidents, including the establishment of a Future Business Planning Unit, a Vice-President-level dedicated organization to discover new businesses that can change the future industry landscape.

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Promotion

  • Vice President Yong Seok-woo, Vice President of Visual Display Business Division, DX Division, Samsung Electronics → President, Head of Visual Display Division, DX Division, Samsung Electronics
  • Vice President Kim Won-kyung, Head of Global Public Affairs Team, Management Support Office, DX Division, Samsung Electronics → President, Head of Global Public Affairs, Samsung Electronics

Change in commissioned work

  • Chairman of the Board of Directors of Samsung SDI, Vice Chairman Jeon Young-hyun → Vice Chairman and Head of Future Business Planning Division, Samsung Electronics
  • Jonghee Han, CEO of Samsung Electronics, Vice Chairman and Head of DX Division, Head of Video Display Business Division, Head of Home Appliances Division → Vice Chairman and CEO of Samsung Electronics) Head of DX Division, Head of Home Appliances Division
  • Samsung Electronics CEO Kyeong-Hyeon Kyeong, President and Head of DS Division → Samsung Electronics CEO and President and Head of DS Division, SAIT Director

Future Business Planning Unit

The main feature of this presidential personnel appointment is the establishment of the “Future Business Planning Unit” as a VP-level organization to discover new businesses that are not an extension of the existing business, thereby laying the foundation for pioneering new business areas.

VP who contributed to the growth of the TV business was promoted to president and boldly appointed to the position of head of the business division, and the global external cooperation organization was elevated to the president level to contribute to building a global cooperative relationship.

// Samsung
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