The company also named Won-joon Choi as the newly created Chief Operating Officer (COO) of the MX Business.

• TM Roh named Acting Head of the Device eXperience Division, in addition to his current role as Head of Mobile eXperience Business; previously President and Head of Mobile eXperience Business and Head of the Corporate Design Center
• Won-joon Choi named COO of Mobile eXperience Business, in addition to his current roles as Head of R&D Office and Head of Global Operation Team of Mobile eXperience Business; previously President and Head of R&D Office and Head of Global Operation Team of Mobile eXperience Business
• Cheolgi Kim named Head of Digital Appliances Business; previously Executive Vice President and Head of Strategic Marketing Office of Mobile eXperience Business

Young Hyun Jun, Vice Chairman and Head of Device Solutions (DS) Division, was named CEO and will also become the Head of Memory Business and Samsung Advanced Institute of Technology. Jinman Han was promoted to President and will become the Head of Foundry Business, while Seok Woo Nam will become Chief Technology Officer of Foundry Business, a newly-created position.

JH Han, Vice Chairman, CEO and Head of Device eXperience (DX) Division, will also lead a newly-created committee that will focus on strengthening product quality across the company.

Jinman Han was previously Executive Vice President and President of Device Solutions America, leading the Company’s semiconductor business in the U.S. Previously, he worked in design teams for DRAM and Flash memory and has also led SSD development and strategic marketing.

Seok Woo Nam, previously President and Head of FAB Engineering & Operations, is an expert in semiconductor process development and manufacturing with extensive experience in memory process technology and foundry manufacturing technology.

Hansung Ko, CEO of Samsung Bioepis, has vast experience in developing new business areas such as biotechnology and is expected to lead efforts in finding new growth opportunities.

Other changes in today’s announcement include:

• Yong Kwan Kim, named President of Management Strategy at DS Division; previously Executive Vice President of Business Support TF

• Wonjin Lee, named President and Head of Global Marketing Office; previously executive advisor for Samsung Electronics

• President Hark Kyu Park will move to the Business Support TF; previously Chief Financial Officer

• Kinam Kim, Vice Chairman & CEO and Head of DS Division; previously President & CEO and Head of DS Division

• Tae Moon Roh, President and Head of R&D, Mobile Communications Business; previously Executive Vice President and Head of R&D, Mobile Communications Business

The promotions recognize their exceptional contributions to Samsung’s global leadership in the areas of semiconductors and mobile technology, respectively.

Seven executive vice presidents were promoted to presidents for their exceptional contributions: Tim Baxter was recognized for driving success across a broad range of consumer products in the North American market; the Device Solutions (DS) Division saw the largest number of promotions, reflecting its outstanding performance this year.

In addition, President Hyunsuk (HS) Kim, Head of Consumer Electronics (CE) Division, will also lead Samsung Research, which was created by combining the Company’s main hardware and software research centers for its branded products. This will mark the first time a CEO will directly oversee such research center.

The promotions are as follows:

• Tim Baxter was promoted to Corporate President and will continue to serve as CEO of Samsung Electronics America

• Gyoyoung Jin, Head of Memory Business, was promoted to President and will maintain his current role

• Inyup Kang, Head of System LSI Business, was promoted to President and will maintain his current role

• Eun Seung Jung, Head of Foundry Business, was promoted to President and will maintain his current role

• Jong-Hee Han was named President and Head of Visual Display Business; previously Executive Vice President and Head of R&D at Visual Display Business

• Hee-Chan Roh was appointed as President and Chief Financial Officer; previously Executive Vice President and CFO at Samsung Display

• Deuk-kyu Hwang was appointed as President and Head of Samsung China; previously Executive Vice President in charge of the Giheung-Hwaseong Complex, Semiconductor Business

The heads of the Company’s three divisions — Kinam Kim, HS Kim, and Dongjin (DJ) Koh — will assume additional roles associated with their respective new posts.

• Kinam Kim, Head of DS Division, will also serve as CEO of Samsung Advanced Institute of Technology, the primary research center for the Company’s components and materials.

• HS Kim, Head of CE Division, will additionally become both Head of Digital Appliance Business and Head of Samsung Research

• DJ Koh, Head of IT & Mobile Communications (IM) Division, will continue to lead the Mobile Communications Business

The Company also announced that the previous heads of the DS, CE, and IM divisions, in recognition of their invaluable contributions to Samsung Electronics’ success, will remain within the Company with more senior executive titles.

The three former heads will not be involved in the Company’s daily operations, but will leverage their knowledge and insights to advise the current management team. As previously stated, they will leave the Board of Directors as of March 2018.

• Oh-Hyun Kwon, recognized for making Samsung Electronics the world’s largest semiconductor company, has been named Chairman of Samsung Advanced Institute of Technology. His expertise will help guide future technology development.

• Boo-Keun Yoon has been appointed as Vice Chairman and will be responsible for the Company’s external Corporate Relations.

• Jong-Kyun Shin has been appointed as Vice Chairman and will play a lead role in nurturing the Company’s future leaders.

With today’s announcement, the Company has completed its leadership change. The new team will accelerate the pace of innovation and address the increasingly complex demands of the connected world, keeping the Company on its growth trajectory.

Executive profiles of the newly appointed presidents are as follows:

Tim Baxter, Corporate President and CEO of Samsung Electronics America

Mr. Baxter is a sales and marketing expert, who joined Samsung Electronics’ U.S. division in 2006 after working for AT&T and Sony. He has since built an extensive record of success at the Company in growing revenue and brand value for both the consumer electronics and mobile businesses.

Gyoyoung Jin, President and Head of Memory Business

Dr. Jin has a wealth of experience in the development of cutting-edge memory technologies and is a renowned authority on memory process architecture and DRAM product development. He has led the Memory Business since 2017 and is expected to maintain the Company’s unparalleled market leadership in the memory industry.

Inyup Kang, President and Head of System LSI Business

Dr. Kang joined Samsung in 2010 after having steered the development of cellular chipsets at Qualcomm for 13 years. Since then he has played a pivotal role in strengthening the competitiveness of the Company’s System-on-Chip business. As the head of the System LSI Business since 2017, he has worked to strengthen its many cutting-edge technologies and is expected to continue to expand the System LSI Business.

Eun Seung Jung, President and Head of Foundry Business

Dr. Jung has spearheaded the development of major advanced logic process technologies since Samsung started its System LSI Business. As the head of the Foundry Business since 2017, he is expected to lay the foundation for it to become one of the Company’s core businesses.

Jong-Hee Han, President and Head of Visual Display Business

Mr. Han has been highly influential in creating innovative TV products, helping the Company maintain the No. 1 position in the global TV market for 11 consecutive years. He is expected to continue driving innovation to lead a renewed leap forward for the Visual Display Business.

Hee-Chan Roh, President and Chief Financial Officer

Mr. Roh is a financial management expert, having previously served as the head of Samsung Electronics’ corporate management team and since 2015 as the Chief Financial Officer of Samsung Display. As the newly appointed CFO of Samsung Electronics, he will run the Company’s global operations.

Deuk-kyu Hwang, President and Head of Samsung China

Mr. Hwang is recognized for his business insights and strong networks, having worked in procurement, planning and auditing for the DS Division. He has developed deep understanding of corporate relations in China while working on the Xian semiconductor complex, and is expected to provide crucial support for Samsung’s local business pursuits.

“Samsung is proud to be recognized by our industry peers for our continued efforts in driving forward growth and innovation in digital signage,” said Ronald Gazzola, Vice President of Marketing, Samsung Business, Samsung Electronics America. “We’re focused on enabling businesses to create meaningful engagement and interaction, both indoors and out, and achieve the next level of customer experience with the introduction of new indoor and outdoor LED signage products and an array of SMART displays.”

Digital Signage Magazine Best of InfoComm Award

NewBay Media’s Best of Show Awards honored outstanding products exhibited at InfoComm 2015. Winners were selected by a panel of professional users and editors based on information provided during a nomination process, as well as judges’ inspection at the show. Awarded Best of Show by Digital Signage Magazine, Samsung’s new SMART LED Signage delivers impressive image quality that can truly inspire viewers anytime, anywhere.

rAVe Publications Readers’ Choice Award and Top 10 Tour

 rAVe Publications fourth annual Readers’ Choice Awards honored the best of the best in across the AV industry. Readers voted and awarded Samsung as Favorite Display Manufacturer. Designed for businesses to deliver a premium signage solution, the Samsung’s OHD Series was also recognized by rAVe Publications on their 2015 InfoComm Top 10 Tour Guide.

Rental & Staging Systems Award

Designed to showcase the most innovative new commercial AV products, NewBay Media’s Rental & Staging Systems awards honored new products introduced between June 2014 and March 2015. The Samsung SMART Signage TV, named Best Digital Signage Display with Integrated Media Player, combines the functionality of a TV with built-in content management software to create personalized promotional content that can increase sales and improve customer loyalty and retention.