Samsung has appointed Jay Y. Lee, its longtime de facto leader, as executive chairman
The move was announced Thursday, making official who would continue to head up South Korea’s most valuable and well-known company. Lee had previously held the title of vice chairman. Samsung’s board, which approved the change, “cited the current uncertain global business environment and the pressing need for stronger accountability and business stability,” the tech giant said in a statement.
” “During this period, we have had to confront many challenges, and at times, we have struggled to make breakthroughs,” he said, according to a readout of remarks that Samsung shared with CNN Business. “Without a doubt, we are at a pivotal moment.” “Now is the time to plan our next move,” Lee added.
South Africa Latest News, South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Good Day LA becomes GDL-JAY as Jay Leno guest hostsThe legendary Jay Leno -- host of You Bet Your Life -- is joining the Good Day LA team from 9-10 a.m. as our special guest host on Wednesday and Thursday.
Read more »
Jay Williams in the hot seat, with Code Switch's Gene Demby : The Limits with Jay WilliamsOn the season finale of The Limits, host Jay Williams sits in the guest chair, interviewed by Gene Demby from NPR's Code Switch. Gene has been following Jay's career since his days playing college basketball for Duke, but their conversation starts even earlier: with Jay's childhood in Plainfield, New Jersey, a place with stark racial and economic divides.Jay digs deep into the challenges he faced at school and at home, and explains how he learned to take out his feelings on the court. He led Duke University to a national championship and was drafted to the Chicago Bulls, but after his rookie year in the NBA, his career came to an abrupt end with a shocking motorcycle accident.All season long, Jay has asked celebrities and moguls like Charlamagne Tha God, Magic Johnson, and Fat Joe to share how they rebounded from their lowest moments. In this episode, Jay tells his own story of rebuilding from personal tragedy. As Jay prepares to welcome his third child, he bonds with Gene over the joys of fatherhood.Follow Jay on Instagram and Twitter. Email us at thelimitsnpr.org.
Read more »
Jay Y. Lee Formally Becomes Samsung’s LeaderThe elevation in title formalizes the all-encompassing role he has played for years at South Korea’s largest business conglomerate.
Read more »
Grandson of Samsung’s founder takes control of empire as earnings fallJay Y. Lee has been embroiled in scandal since 2017.
Read more »
This beautiful jay holds together a unique Western ecosystemConservation is critical for the jay, but also for an entire ecosystem, and all the other species that depend upon it. (via undarkmag)
Read more »
Jay White exactly where he expected to be for New Japan’s NYC return: ‘Vindication’Jay White’s journey from the young wrestler Finn Balor helped give a big break to becoming the leader of the iconic faction the now WWE star created isn’t something he reflects on much.
Read more »