YOUR BUSINESS AUTHORITY

Springfield, MO

Log in Subscribe

Samsung Electronics CEO resigns

Posted online

Citing an "unprecedented crisis," Samsung Electronics CEO Kwon Oh-hyun resigned.

His move follows the heir of the entire Samsung Group being imprisoned in August for corruption.

"As we are confronted with unprecedented crisis inside out, I believe that time has now come for the company [to] start anew, with a new spirit and young leadership to better respond to challenges arising from the rapidly changing IT industry," he said in a statement.

Read more from BBC News.

Comments

No comments on this story |
Please log in to add your comment
Editors' Pick
Fall 2026 Architects & Engineers Project Report

This installment of Springfield Business Journal’s Architects & Engineers Project Report showcases 26 endeavors by area design and engineering professionals.

Most Read
Update cookies preferences