Samsung appoints two new co-CEOs after GS 4 announcement

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After the theatrics of last night's Galaxy S 4 announcement, it's back to business for Samsung. First “business” move? Appoint two more CEOs. Samsung presidents Yoon Boo-keun and J.K. Shin are the newest co-CEOs, joining CEO Kwon Oh-hyun. It sounds a bit odd, but it puts a CEO at the top of each of Samsung's major divisions; Yoon was in charge of consumer electronics, such as Samsung's television line, and Shin was the head of the mobile division, concerning Samsung's Galaxy devices. Kwon is currently the head of the component division, which includes Samsung's popular memory products (RAM, SSDs, etc.) and the Exynos processors.

Samsung stated the move “recognizes the strong performance of President Yoon and President Shin,” and “the new leadership structure will serve to clarify and enhance independent management” over each division. While this news definitely isn't as exciting as a new device announcement, it's a sure sign that Samsung is doing everything in their power to stay competitive in every market they enter.

source: The Verge

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