[THE INVESTOR] Samsung Electronics on Dec. 6 announced a year-end reshuffle, promoting 158 executives, including 13 who were appointed vice presidents.
The total number of promotions is lower than 221 last year, the largest in years. Based on Samsung’s management principle to reward high performers, as many as 80, nearly half that of the newly promoted executives, came from the digital solutions division which houses semiconductor and display businesses.
Samsung promotes semiconductor chief to vice chairman
Since 2017, Samsung has topped the global semiconductor market by sales, beating US-based chip powerhouse Intel.
Of the cumulative operating profit of 48 trillion won (US$43 billion) in the first nine months this year, 37 trillion won, or 77 percent, came from the semiconductor unit.
The new high-profile appointees include Kim Hyung-sub, vice president of a DRAM production team under the memory business; Park Jae-hong, vice president of a chip design department under the foundry business; and Song Doo-heon, vice president of a yield enhancement team under the memory business.
Jo Byung-hak, the design team leader at a non-memory chip business unit; Kim Dong-wook, head of Samsung’s Vietnam office; and Choo Jong-seok, marketing head for Samsung’s TV business, have also been promoted as vice presidents.
At Samsung’s global offices, Balajee Sowrirajan, chief of its research and development center in India; Jon Taylor, a foundry expert; and Conor Pierce, chief of a mobile business unit at the UK office, made it to the list.
In a bid to recognize contributions made by those in the R&D field, the company also selected one fellow and 14 masters -- titles given to high-performing engineers and researchers.
By Kim Young-won (firstname.lastname@example.org)