Samsung Electronics appoints Ju-Hwa Yoon as CFO

Samsung Electronics Co Ltd has appointed Ju-Hwa Yoon as Chief Financial Officer, as part of an organisational restructuring aimed to increase operating efficiencies and strengthen the independence of the company's business divisions.

 

Samsung says its new organisational structure enhances the independence of the company's business divisions. The new alignment introduces a "company system" in which each business unit is managed similarly to a stand-alone company, with its own President and CFO. Outside Korea, subsidiaries responsible for components such as semiconductors and LCD panels will continue to operate as fully independent entities separate from Samsung’s IT and consumer electronics subsidiaries.
 

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