Samsung Electronics names non-executive director as board chairman in company first

  • 📰 ChannelNewsAsia
  • ⏱ Reading Time:
  • 25 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 66%

Business News News

Business Business Latest News,Business Business Headlines

Samsung Electronics Co Ltd said on Friday it has named a non-executive director as board chairman for the first time, to increase transparency and ...

Samsung Electronics Co Ltd said on Friday it has named a non-executive director as board chairman for the first time, to increase transparency and independence.

Former Finance Minister Bahk Jae-wan replaces Lee Sang-hoon who was jailed in December for interfering with union activities.The appointment, which is effective immediately, comes as Samsung heir apparent Jay Y. Lee and former executives face trial for alleged involvement in a bribery scandal linked to impeached President Park Geun-hye.

Bahk"has a wealth of experience as an administrator ... and is expected to lead the board's strategic decisions," it said.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 6. in BUSÄ°NESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Samsung Electronics names former finance minister as new board chairmanSEOUL (REUTERS) - Samsung Electronics said on Friday (Feb 21) that former finance minister, Bahk Jae-wan, has become its new board chairman after his predecessor was jailed for union-busting activities.. Read more at straitstimes.com.
Source: The Straits Times - 🏆 8. / 63 Read more »