Samsung Electronics has enacted changes to its management, including the appointment of a new chief technology officer (CTO) for its foundry operations.
On November 27, Samsung announced its usual executive reorganization for 2025, which included nine senior executives. This contains two promotions to president and seven role changes. Further executive changes and organizational restructuring for vice presidents and below will be announced shortly.
The new hires emphasize utilizing the global leadership and outstanding management skills of experienced executives at Samsung. They are assigned new tasks about brand and consumer experience, designed to augment Samsung's mid-to-long-term value.
Samsung claimed that these substantial changes are intended to address the unpredictable internal and external business environment, thereby establishing a foundation for a new developmental phase.
This modification is characterized by three primary attributes: First, the memory business unit has been reorganized to report directly to the representative directors. Secondly, the foundry division has undergone a leadership change. Thirdly, senior executives who have extensive experience have been designated responsibilities to explore new business opportunities.
Additionally, the following roles have been newly created to improve the competitiveness of semiconductor technology and elevate the organizational environment: The first role is that of CTO for the foundry business, Samsung noted. The second role is that of a strategic operations leader who reports directly to the president of the DS division.
According to Samsung, Young-Hyun Jun, Samsung vice chairman and head of the Device Solutions (DS) Division, has been named CEO and will also lead the Memory Business and Samsung Advanced Institute of Technology. Jin-Man Han was promoted to president and will now lead the foundry business, while Seok-Woo Nam will become the foundry business's CTO, a newly created position.
Han was previously EVP and president of Device Solutions America, leading the company's semiconductor business in the US. Previously, he worked in design teams for DRAM and flash memory and has also led SSD development and strategic marketing.
Nam, previously president and head of FAB engineering & operations, is an expert in semiconductor process development and manufacturing with extensive experience in memory process technology and foundry manufacturing technology.
Jong-Hee Han, vice chairman, CEO, and head of Samsung's Device eXperience (DX) division, will also lead a newly created committee that focuses on strengthening product quality across the company.
Samsung indicated that the company has reinstated a dual representative director system to enhance the competitiveness of its core business and provide a platform for sustainable growth.
Han-Sung Ko, CEO of Samsung Bioepis, has vast experience in developing new business areas such as biotechnology and is expected to lead efforts in finding new growth opportunities.
Other executive changes announced by Samsung include Yong-Kwan Kim, named president of management strategy at DS division, previously EVP of business support TF; Won-Jin Lee, named president and head of global marketing office, previously executive advisor for Samsung Electronics; and president Hark-Kyu Park, who was previously CFO, moving to the business support team.
