Kwon Oh-hyun, CEO of South Korean technology giant Samsung, announced that he will retire next year by March.
In addition to Samsung Electronics since 2012, Su Kwon Oh-hyun, CEO of Samsung Display, also continues to serve as a member of board of Directors of company. The company's founder's son and Lee Jae-yong are making decision to be found at detention house with bribery charge.
The CEO, who received this retirement decision with a letter from company employees, gave following statements in his letter:
"It was not easy for me to make this decision, but I think company needs to be refreshed with a new spirit, due to accusations and crisis situation."Ad