Wednesday, April 23, 2008

Samsung plans major structural reforms : National : Home

[Hankyoreh, 23 April 2008:] Samsung plans major structural reforms

"Chairman Lee Kun-hee to resign and strategic planning office to be dismantled

Samsung Group announced yesterday a range of structural reform measures, including the resignation of its Chairman Lee Kun-hee. The 66-year-old business tycoon said in a trembling voice, “Today, I decided to resign as chairman of Samsung Group.” Lee has been at the helm of Samsung Group for more than two decades since he took the job following the death of his father and group founder Lee Byung-chull in December 1987."

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