December 18, 1996 in Social Responsibility News

SAMSUNG Group Names Jong-Yong Yun New President and CEO of SAMSUNG Electronics

Jong-Yong Yun, 52, has been President of Samsung Japan Corporation in Tokyo since November 1995. Prior to 1995, he held positions of increasing responsibility at Samsung, including President of Samsung Display Devices Co., Ltd. (1993-94), President of Samsung Electro-Mechanics Co., Ltd. (1992-93) and President of Consumer Electronics Division of Samsung Electronics Co., Ltd. (1992). Mr. Yun joined Samsung Group in 1966 and Samsung Electronics in 1969, the year when the company was established.

Mr. Yun holds a Bachelor of Science degree in Electrical Engineering from Seoul National University, Korea. He has also completed a Senior Executive program at MIT's (Massachusetts Institute of Technology) Sloan School of Management in 1988.

Kwang-Ho Kim, 56, was promoted to Chairman (from Vice Chairman) and appointed to head Samsung's North American operations. Mr. Kim will also concentrate on his position as Chairman of the Board of AST Research Inc. in order to achieve full potential of the two companies' strategic alliance.

In addition to Jong-Yong Yun and Kwang-Ho Kim, thirty-two other Samsung Group executives were reshuffled or promoted today. Jin-Ku Kang will continue with Samsung Electronics Co., Ltd. as a Chairman Emeritus.

Samsung Electronics Company Ltd., a US$21 billion company of the US$ 87 billion Samsung Group, is a world leader in electronics, with operations in more than 60 countries. The company challenges itself to make consumer electronics, semiconductors and industrial electronics that are effective, useful, simple and powerful. Samsung Electronics employs over 70,000 people worldwide.


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