Samsung announces new CEO: Kwon Oh-Hyun

posted by Nick T. / Jun 07, 2012, 4:11 AM

Kwon Oh-Hyun is the new CEO of Samsung Electronics, as the company officially announced earlier today. The Samsung veteran, who has been with the electronics giant since 1985, will continue to "oversee the company's component business, but, as CEO, will also handle corporate-wide affairs," Samsung announced in its statement.

Oh-Hyun handled Samsung's semiconductor division starting from the mid-80's, during which time he lead the team who brought us the first 64Mb DRAM in 1992. Then later in 1995, he was promoted to Vice President of Samsung Electronics' Memory Device Technology, only to be appointed Senior Vice President in 1998.

Former CEO Choi Gee-Sung is stepping down from the position at a time when the company is a leading player on the mobile phone market, with the Samsung Galaxy S III flagship reaching impressive sales figures. However, he will not be leaving Samsung. Gee-Sung will be given a new executive position within the company. At the same time, "he is seen as chief mentor to Jay Y. Lee, son of Samsung Electronics' chairman Lee Kun-hee". Jay Lee will retain its position as COO, Samsung added.

source: Reuters, Samsung

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13 Comments

1. bobfreking55

Posts: 866; Member since: Jul 15, 2011

I hope he does well.

posted on Jun 07, 2012, 5:12 AM 6

2. abdane

Posts: 507; Member since: Oct 07, 2011

unlike apple, samsung is a company that doesnt depend on one man ;)

posted on Jun 07, 2012, 5:46 AM 10

4. hung2900

Posts: 966; Member since: Mar 02, 2012

In fact , Samsung Group (Not Samsung Electronics only) has been impacted by its chairman - Lee Kun Hee a lot for quite a long time. His leadership is great that helping Samsung overcome 1997 Asian financial crisis and achieve today success.

posted on Jun 07, 2012, 6:10 AM 1

3. GuiltyBystander

Posts: 199; Member since: Mar 05, 2012

Kwon Oh-Hyun Ching Chong Bing Bong asdfghjkl;'hffdxhfd

posted on Jun 07, 2012, 5:50 AM 6

5. Non_Sequitur

Posts: 1111; Member since: Mar 16, 2012

I haven't laughed this hard all week, thanks! xD

posted on Jun 07, 2012, 6:57 AM 4

7. ardent1

Posts: 2000; Member since: Apr 16, 2011

GuiltyBystander, can you be any more racist?

posted on Jun 07, 2012, 7:13 AM 2

8. GuiltyBystander

I am not a racist, I'm sorry if I somehow offended you. I was just joking.

posted on Jun 07, 2012, 7:38 AM 2

13. good2great

Posts: 1042; Member since: Feb 22, 2012

ROTFLMAO!!!! just WRONG! but somehow funny as hell.... +1

posted on Jun 10, 2012, 8:39 AM 0

6. mercorp

Posts: 1045; Member since: Jan 28, 2012

Tim cook's next nemesis. Tim should watch out for him!

posted on Jun 07, 2012, 7:00 AM 2

9. lzsbleach

Posts: 155; Member since: May 20, 2012

That was funny though lol

posted on Jun 07, 2012, 10:13 AM 1

11. tiara6918

Posts: 2263; Member since: Apr 26, 2012

Is this the reason why s voice couldn't answer who the ceo of samsung is?

posted on Jun 07, 2012, 10:19 PM 1

12. 7thspaceman

Posts: 1597; Member since: Feb 14, 2011

I hope he makes sure Samsung's new tablets and smart phones look radicaly different from APPLE products so they will not be sued by Apple and their products banned from being sold in many countries