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4w ago

Samsung Co-CEO Han Jong-Hee Dies at 63, Leaving Leadership Void

Han Jong-Hee, a 37-year veteran credited with Samsung's TV dominance, passed away from cardiac arrest, with Jun Young-hyun now serving as sole CEO.

Han Jong-hee, co-chief executive officer of Samsung Electronics Co., speaks at the company's annual general meeting at the Suwon Convention Center in Suwon, South Korea, March 19, 2025.
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Samsung Electronics Inc. Vice Chairman and CEO Jong-Hee Han delivers a keynote address at CES 2022 at The Venetian Las Vegas on January 4, 2022 in Las Vegas, Nevada.

Overview

  • Han Jong-Hee, co-CEO of Samsung Electronics, passed away on March 25, 2025, at the age of 63 due to cardiac arrest while being treated in a hospital.
  • Han played a pivotal role in Samsung's rise as the global leader in the TV market and oversaw the consumer electronics and mobile devices division.
  • Jun Young-hyun, who was recently appointed co-CEO, will now lead Samsung as the sole CEO, with no immediate successor announced for Han's role.
  • Han's death comes at a challenging time for Samsung, which is grappling with declining stock performance and increased competition in the AI semiconductor market.
  • At a shareholder meeting last week, Han apologized for Samsung's poor stock performance and outlined the company's struggles to adapt to the rapidly evolving AI market.