Younger generation takes over Samsung's leadership

From prison, vice chairman tightens grip on electronics conglomerate

20171031_samsung_HQ

Samsung Electronics headquarters in Seoul

KIM JAEWON, Nikkei staff writer

SEOUL -- Three executives in their 50s on Tuesday took over the top posts at Samsung Electronics, paving the way for imprisoned leader Lee Jae-yong, himself 49, to tighten his grip on the tech conglomerate.

President Kim Ki-nam, 59, was promoted to head the company's device solutions division, which includes Samsung's semiconductor and display businesses. President Kim Hyun-suk, 56, will be in charge of consumer electronics, while 56-year-old Koh Dong-jin will take over Samsung's IT and Mobile division.

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