Overview
- Samsung named TM Roh co-CEO and head of the DX division, while Jun Young-hyun remains co-CEO over DS and the memory business.
- The change restores the split leadership model after months under a single chief following Han Jong-hee’s death in March.
- Yoon Jang-hyun was promoted to president as DX chief technology officer and head of Samsung Research.
- Harvard professor Park Hong-kun was appointed to lead the Samsung Advanced Institute of Technology with a Jan. 1 start.
- Shares fell about 4.2% as of 0105 GMT as some analysts described the move as a safe, predictable choice.