Explaining the background of the reshuffle, President Yoon Soon-bong, chief of the group’s brand strategy team, said the group has maintained a practice in which Samsung executives aged 60 or over are supposed to prepare for their retirement, but personnel management has been against that unwritten law for the past four or five years, clogging the pace of generational change with the aging of CEOs.
Samsung Group Struggling to Break Mold
Newsworld
2009.9.1.
Conducts the biggest reshuffle ever to infuse new blood and make the organization nimble to cope with changes.
The recent biggest-ever reshuffle of the Samsung Business Group -- 18 out of 46 CEO-level officers retired and 12 were promoted -- signals the tremendous changes in the way the group's flagship company, Samsung Electronics, and other affiliates will be operated, business analysts said.
2009.9.1.
Conducts the biggest reshuffle ever to infuse new blood and make the organization nimble to cope with changes.
The recent biggest-ever reshuffle of the Samsung Business Group -- 18 out of 46 CEO-level officers retired and 12 were promoted -- signals the tremendous changes in the way the group's flagship company, Samsung Electronics, and other affiliates will be operated, business analysts said.