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Samsung elects Kwon Oh-hyun as new CEO

Last Updated: Thursday, June 7, 2012 - 18:03

Zeebiz Bureau

New Delhi: Tech giants Samsung Electronics Co have done a major reshuffle in the top management on Thursday. The company has named Kwon Oh-hyun, the head of its components business, which oversees chips and display as its new chief executive officer.

Kwon has replaced Choi Gee-sung, who it said will assume a new role soon, according to reports. Choi had been CEO since January 2010.

Reportedly, Choi will retain his seat on Samsung Electronics board and assume the role of the head of Samsung Group Corporate Strategy Office to focus on future growth engines for the entire Samsung group of companies.

Jay Lee, the son of Samsung Electronics chairman Lee Kun-hee, will remain as chief operating officer, Samsung said.

First Published: Thursday, June 7, 2012 - 17:05
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