Performance based system’ reflected on four promotions in semiconductor sector of Samsung Electronics… ‘Stability instead of exception’
Park Jung Il | comja77@ | 2017-11-03 10:07:12
Samsung Electronics, which has been postponed since December 2015 due to lack of a total number of employees, has held a one-year and 11-month salary for a boss. One of the great features of this greeting is that it has been replaced by a young man in his 50s.
In contrast to some observations that the organization could be reorganized by recruiting or recruiting outside personnel, it is also one of the characteristics of continuing the continuity of the business by promoting all of the vice presidents of the existing major divisions as the president. In particular, as the vice presidents who have grown as candidates for the presidency from existing business divisions are promoted to the president as it is, it is dominant that there is no big difference. It is an analysis that they chose the stability of the organization rather than the rapid change in the absence of the total number.
Samsung Electronics, on the second day, announced that the president-general`s greetings show that all seven promoted CEOs are in their 50s. Samsung Electronics explained that the average age of the president is 55.9 years old and that the president of the youngest system LSI division, Kang In-yeop, was born in 1963 (54 years old).
Accordingly, when Kim Gi-nam, Hyun-seok Kim, and Ko Dong-jin, the former head of the department, joined Samsung Electronics, the average age of the presidents of Samsung Electronics was 57 and the average age of its predecessor was 63.3. Samsung Electronics also promoted Kwon Oh-hyun, the vice chairman who announced his intention to resign, and Yun Kyung-keun, president of Shin Jong-kyun, as CEO and vice chairman respectively.
Meanwhile, the achievement greetings that "there is promotion in the performance place" were also reproduced. In particular, for the first time in its history, the semiconductors business, which has exceeded the 50% operating margin, has produced four out of seven boss promoters. This is the first time that four bosses have been promoted in the semiconductor sector in a year.
Jin Young-young, director of memory business, is one of the protagonists who led the development of the next-generation DRAM process after joining the company in 1997 and made a "super-gap strategy" with Samsung Semiconductor. Kang In-Yup System LSI Division Manager is a world-class expert who has been involved in development of mobile chip in Qualcomm, which is a doctor of UCLA and holds the core technology of CDMA modem chip.
Chung Eun-seung, founder of the foundry business, has a wealth of know-how in operation of semiconductor foundry (foundry) and has excellent communication capabilities with clients. Hwang Gyu-gyu, Samsung`s chief executive officer in Samsung Electronics, is in charge of various tasks such as purchasing team leader, auditing team leader, and planning team leader in the DS (device solution) division.
Besides, Tim Baxter, North America`s general manager who has been promoted as vice president for the first time as a foreign employee, has been promoted to president in the United States for his achievements in Samsung Electronics` consumer electronics and mobile sales for 12 years. Han Jong-hee, president of the video display division of CE (Consumer Electronics) division, played a role in maintaining the top position in the world TV market for 11 consecutive years with President Hyun Suk Kim. Hee-chan Roh is the managing director of Samsung Electronics` overall management team, and the managing director of Samsung Display.
Samsung Display promoted Dong-Hoon Lee, vice president of organic light emitting diode (OLED) business, as president. Lee is a display sales marketing specialist who has served as a marketing manager of Samsung SDI`s CRT division and a director of strategy marketing at Samsung Display together with the CEO of Samsung Electronics.
However, according to an analysis by the company`s president, it was decided that stability was better than change in that some businessmen did not have any outstanding personnel. A business official said, "Even though the size of the personnel is great, considering that the number of bosses in the company was seven in 2015, it seems like a two-year greeting.”
By Park Jung Il comja77@
[ copyright ⓒ The Digitaltimes ]
In contrast to some observations that the organization could be reorganized by recruiting or recruiting outside personnel, it is also one of the characteristics of continuing the continuity of the business by promoting all of the vice presidents of the existing major divisions as the president. In particular, as the vice presidents who have grown as candidates for the presidency from existing business divisions are promoted to the president as it is, it is dominant that there is no big difference. It is an analysis that they chose the stability of the organization rather than the rapid change in the absence of the total number.
Samsung Electronics, on the second day, announced that the president-general`s greetings show that all seven promoted CEOs are in their 50s. Samsung Electronics explained that the average age of the president is 55.9 years old and that the president of the youngest system LSI division, Kang In-yeop, was born in 1963 (54 years old).
Accordingly, when Kim Gi-nam, Hyun-seok Kim, and Ko Dong-jin, the former head of the department, joined Samsung Electronics, the average age of the presidents of Samsung Electronics was 57 and the average age of its predecessor was 63.3. Samsung Electronics also promoted Kwon Oh-hyun, the vice chairman who announced his intention to resign, and Yun Kyung-keun, president of Shin Jong-kyun, as CEO and vice chairman respectively.
Meanwhile, the achievement greetings that "there is promotion in the performance place" were also reproduced. In particular, for the first time in its history, the semiconductors business, which has exceeded the 50% operating margin, has produced four out of seven boss promoters. This is the first time that four bosses have been promoted in the semiconductor sector in a year.
Jin Young-young, director of memory business, is one of the protagonists who led the development of the next-generation DRAM process after joining the company in 1997 and made a "super-gap strategy" with Samsung Semiconductor. Kang In-Yup System LSI Division Manager is a world-class expert who has been involved in development of mobile chip in Qualcomm, which is a doctor of UCLA and holds the core technology of CDMA modem chip.
Chung Eun-seung, founder of the foundry business, has a wealth of know-how in operation of semiconductor foundry (foundry) and has excellent communication capabilities with clients. Hwang Gyu-gyu, Samsung`s chief executive officer in Samsung Electronics, is in charge of various tasks such as purchasing team leader, auditing team leader, and planning team leader in the DS (device solution) division.
Besides, Tim Baxter, North America`s general manager who has been promoted as vice president for the first time as a foreign employee, has been promoted to president in the United States for his achievements in Samsung Electronics` consumer electronics and mobile sales for 12 years. Han Jong-hee, president of the video display division of CE (Consumer Electronics) division, played a role in maintaining the top position in the world TV market for 11 consecutive years with President Hyun Suk Kim. Hee-chan Roh is the managing director of Samsung Electronics` overall management team, and the managing director of Samsung Display.
Samsung Display promoted Dong-Hoon Lee, vice president of organic light emitting diode (OLED) business, as president. Lee is a display sales marketing specialist who has served as a marketing manager of Samsung SDI`s CRT division and a director of strategy marketing at Samsung Display together with the CEO of Samsung Electronics.
However, according to an analysis by the company`s president, it was decided that stability was better than change in that some businessmen did not have any outstanding personnel. A business official said, "Even though the size of the personnel is great, considering that the number of bosses in the company was seven in 2015, it seems like a two-year greeting.”
By Park Jung Il comja77@