financetom
Business
financetom
/
Business
/
Samsung Elec names mobile chief as new co-CEO
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Samsung Elec names mobile chief as new co-CEO
Nov 20, 2025 4:47 PM

SEOUL (Reuters) -Samsung Electronics ( SSNLF ) said on Friday it has named its mobile chief TM Roh as a new co-CEO and head of its device experience division, which oversees the company's mobile phone, TV and home appliance devisions.

The appointment returns Samsung to its traditional co-CEO structure, which divides oversight of its chip and consumer divisions, after the company had been operating under a sole-CEO setup following the sudden death of co-CEO Han Jong-Hee in March.

Roh has been serving as acting head of the consumer business since April, following Han's death.

The move comes after Samsung's appointment earlier this month of a new head of its business support office, a key decision-making body at the technology giant that serves chairman Jay Y. Lee.

The body, which has been upgraded from a "task force," functions as a key strategy unit that acts as a mini-control tower inside Samsung Group, South Korea's top conglomerate whose businesses range from chips to smartphones, ships and pharmaceuticals, coordinating across business units and affiliates, analysts said.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
XTI Aerospace Acquires Drone Nerds and Closes $25 Million Strategic Investment by Unusual Machines
XTI Aerospace Acquires Drone Nerds and Closes $25 Million Strategic Investment by Unusual Machines
Nov 12, 2025
Drone Nerds considered by OEMs to be among the largest U.S. based drone distributors Unusual Machines ( UMAC ) leading supplier to drone industry ENGLEWOOD, Colo., Nov. 12, 2025 /PRNewswire/ -- XTI Aerospace, Inc. ( XTIA ) (XTI or the Company) [NASDAQ: XTIA], the developer of vertical flight technologies and the TriFan 600 next-generation vertical takeoff and landing (VTOL)...
Peachtree Group Expands Credit Platform with Pending Acquisition of SBA Lender First Western SBLC, Inc.
Peachtree Group Expands Credit Platform with Pending Acquisition of SBA Lender First Western SBLC, Inc.
Nov 12, 2025
ATLANTA--(BUSINESS WIRE)-- Peachtree Group (“Peachtree”) has entered into a definitive agreement to acquire First Western SBLC, Inc. (“First Western”), doing business as PMC Commercial Trust (“PMC”), a Dallas-based nationwide direct lender specializing in Small Business Administration (“SBA”) 7(a) loans. The closing is subject to the receipt of the U.S. Small Business Administration’s consent as well as certain other closing conditions....
GlobalFoundries Gains From Auto And Data Center Strength
GlobalFoundries Gains From Auto And Data Center Strength
Nov 12, 2025
GlobalFoundries ( GFS ) stock gained after it reported fiscal third-quarter 2025 results on Wednesday. The company’s quarterly revenue declined 3% year-on-year (Y/Y) to $1.688 billion, topping the analyst consensus estimate of $1.676 billion. The contract chipmaker’s adjusted EPS of 41 cents beat the analyst consensus estimate of 37 cents.  Also Read: GlobalFoundries Secures Next-Gen Chip Tech From Taiwan Semiconductor Segment Highlights Smart mobile device revenue...
SS&C Technologies Completes Acquisition of Curo Fund Services
SS&C Technologies Completes Acquisition of Curo Fund Services
Nov 12, 2025
The acquisition will grow SS&C’s business in South Africa WINDSOR, Conn.--(BUSINESS WIRE)-- SS&C Technologies Holdings, Inc. ( SSNC ) has completed the acquisition of Curo Fund Services, a leading South African provider of fund administration solutions, from a joint venture between Sanlam and Old Mutual. Terms of the deal were not disclosed. Curo Fund Services administers more than R 3...
Copyright 2023-2026 - www.financetom.com All Rights Reserved