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Current Affairs - 2022
Who has been appointed as the Executive Chairman of Samsung Electronics on said 27th Oct 2022?
A)
Jay Y Lee
B)
Im Se-ryung
C)
Chung Yoo-kyung
D)
Jeongdo Hong

Correct Answer :   Jay Y Lee


Samsung Electronics Co. officially appointed Lee Jae-yong as its executive chairman, formalizing the all-encompassing leadership role he has long played at South Korea’s largest business conglomerate.
 
The 54-year-old Mr. Lee—who goes by Jay Y. Lee in the West—had previously held the title of Samsung Electronics vice chairman. He takes over a position previously held by his father, Lee Kun-hee, who died two years ago after being incapacitated by a 2014 heart attack.
 
With his father ill, Lee Jae-yong, Harvard-educated and trilingual, served as the de facto head of Samsung, which includes Samsung Electronics, the conglomerate’s crown jewel. All major decisions across Samsung’s various affiliates, from theme parks to life insurance to biopharmaceuticals, required his signoff.
 
Samsung Electronics’ board said Thursday(27th Oct 2022) it had recommended giving Mr. Lee the executive chairman title in light of the uncertain global business environment and need for stronger accountability..

Source : Mint

Published On : October 31, 2022
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