Samsung Electronics said on Friday that it was promoting 214 executives in its year-end reshuffle.
Earlier this week, the company announced only minor changes in the top posts. However, in terms of executive promotion, it was the largest in the past three years.
Samsung named 31 executive vice presidents, 55 senior vice presidents and 111 vice presidents as well as one new fellow and 16 masters in the promotion.
Samsung said the large number of promotions was thanks to improved earnings this year compared to 2019 despite the COVID-19 pandemic.
It named 31 executive vice presidents, who showed leadership and business performances, to strengthen the number of future CEO candidates.
In the Visual Display business, procurement director Go Seung-hwan was made EVP for using big data to predict panel prices. This allowed the company to ease uncertainties in procuring components for its TVs, Samsung said.
Lee Gang-hyup of the Digital Appliance business was made EVP for his promotion efforts for Bespoke refrigerators.
At Samsung Mobile, Kim Hak-sang was made EVP for his development of the Galaxy Tab and Galaxy Book series.
Samsung Research Choi Seung-beom was promoted EV for setting a roadmap for company’s artificial intelligence development.
Lee Seok-jun of System LSI was made EVP for its contribution in increasing the company’s competence in display driver IC, power chips and security chips.
Hwang Gi-hyun of Samsung’s semiconductor research lab was made EVP for its development of next-generation DRAM, NAND flash and logic production processes.
Out of the promotions, ten were women and foreigners, Samsung said. 21 of them were also working software areas, the company added.