Samsung's jailed board chairman has resigned - Business Insider

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Samsung's jailed board chairman has resigned

Visit Business Insider's homepage for more storiesSamsung Electronics' board Chairman Lee Sang-hoon, who was convicted and jailed for sabotaging union activities, has resigned from the South Korean company, it said on Friday.

"Samsung suffered a major setback to its bid to strengthen its board ... and it would need a fresh face to turn around," said Park Ju-gun, head of research firm CEO Score, adding that the move was widely expected given that Lee Sang-hoon is in prison.

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