Did Samsung Just Announce a New Co-CEO and CTO?
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Synopsis
Samsung Electronics has made headlines with its latest leadership changes, appointing a new co-CEO and CTO in response to external business challenges. This strategic move aims to enhance the company's competitiveness and secure its future in technology. Find out more about the key figures involved and the implications of these changes.
Key Takeaways
- Samsung Electronics has appointed a new co-CEO and CTO.
- The reshuffle aims to enhance competitiveness amidst external challenges.
- President Roh Tae-moon leads the Device Experience division.
- Vice Chairman Jun Young-hyun continues to oversee the semiconductor business.
- The company remains committed to future technological advancements.
Seoul, Nov 21 (NationPress) The South Korean technology powerhouse Samsung Electronics revealed a significant shift in its leadership on Friday, appointing a new co-chief executive officer (CEO) and a chief technology officer (CTO) as part of its strategy to navigate ongoing external business challenges.
As part of this transition, President Roh Tae-moon, previously the acting head of Samsung Electronics' Device Experience (DX) division—responsible for the mobile, TV, and home appliance sectors—will assume the official role of leader of the division while also serving as a co-CEO.
Roh will take on the co-CEO role alongside Vice Chairman and CEO Jun Young-hyun, who heads the Device Solutions division managing the semiconductor business, according to a report from Yonhap news agency.
"President Roh will continue to direct the company's mobile segment as the head of mobile experience business, whereas Vice Chairman Jun will remain at the helm of the memory sector," the company stated in an official release.
Samsung Electronics expressed that the co-CEO structure aims to enhance the competitiveness of its core operations and address uncertainties while securing leadership in future technological advancements.
The company also elevated Vice President Yoon Jang-hyun, CEO of Samsung Ventures Investment Corp., to the role of new CTO and president of the DX division.
Park Hong-kun, a Harvard University professor, has been appointed as the head of the Samsung Advanced Institute of Technology, the company added.
In another report, Samsung Electronics has been recognized for leading corporate donations during the first nine months of 2025, although the total amount has decreased compared to the previous year.
The South Korean tech leader contributed 110.4 billion won (approximately US$75.5 million) from January to September, marking a 22 percent decline year-over-year, according to data from industry analyst CEO Score.
Korea Electric Power Corp. (KEPCO) followed closely with 109.2 billion won in donations, while Hyundai Motor Co. contributed 106.9 billion won during the same period.
SK hynix reported charitable expenditures of 59 billion won, representing a 44 percent increase from the past year, attributed to its record earnings in the third quarter.
Point of View
It's essential to recognize Samsung's proactive approach to leadership amidst shifting market dynamics. The appointment of experienced individuals like President Roh and CTO Yoon reflects the company's commitment to maintaining its technological edge while addressing external pressures. This reshuffle signifies a strategic move that could strengthen Samsung's position in the global market.
NationPress
21/11/2025
Frequently Asked Questions
What prompted Samsung's leadership reshuffle?
Samsung's reshuffle was initiated to address external business uncertainties and enhance competitiveness in its core operations.
Who are the new leaders at Samsung?
The new co-CEO is President Roh Tae-moon, and the new CTO is Vice President Yoon Jang-hyun.
