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Samsung CEO To Leave Company Over “Unprecedented Crisis”

Samsung CEO To Leave Company Over “Unprecedented Crisis”

6 years ago
Anonymous $uquhsGEL_U

https://consumerist.com/2017/10/13/samsung-ceo-to-leave-company-over-unprecedented-crisis/

It hasn’t exactly been a great year for Samsung: The company’s vice chairman was indicted, arrested, and then sentenced to five years in prison in connection to a massive South Korean bribery case, then there were the Galaxy Note 7 and washing machine explosion debacles. Now the CEO of the tech giant’s electronics division is heading for the door amid what he calls an “unprecedented crisis” within the company.

Samsung announced today that CEO — and current vice chairman — Oh-Hyun Kwon will leave the company in March and not seek another term on the board.