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Author Topic: Samsung board chairman resigns  (Read 7120 times)

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appmonstars

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Samsung board chairman resigns
« on: February 17, 2020, 07:41:07 AM »

Samsung board chairman Lee Sang-hoon has resigned almost two months after he was found guilty on charges of union sabotage.

Lee Sang-hoon was appointed as board chairman of Samsung Electronics two years ago in a move aimed to increase transparency at the company by splitting the CEO and chairman roles.

Samsung board chairman steps down amid jail sentence
Lee Sang-hoon was sentenced to a year and a half in prison last December on charges that he violated labor laws.

Samsung's high-level execs have found themselves in hot water with the authorities lately. Jay Y. Lee, Samsung's de-facto head, was found guilty of perjury, embezzlement and bribery in 2017, for which he served a short stint in prison, and is currently awaiting a retrial.

Samsung VP Kang Kyung-hoon has been sentenced to 16 months in prison on charges of union interference. Lee Sang-hoon, Samsung's now-former chairman, has also been involved in more than one instance of convictions and subsequent pardons.



 

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