Tag Archives: samsung earnings q3 2017

Samsung CEO Kwon Oh-hyun resigns as company predicts record profits

samsung company predicts record profits

Samsung Electronics CEO and Vice Chairman Kwon Oh-hyun has announced plans to step down from his position at the head of the company. The 64-year-old, who has spent the last 32 years at Samsung, operating as CEO for the last five, cited a need to bring “new spirit and young leadership” into the firm.