Samsung Announces Organizational Changes to Strengthen its Role in the North American Market
RIDGEFIELD PARK, N.J., May 15, 2017 – Samsung Electronics Co., Ltd. has announced changes to its North American executive team. Gregory Lee will continue to serve as President and CEO of Samsung Electronics North America, and Tim Baxter has been appointed to take on the role of President and CEO of Samsung Electronics America, Inc. (SEA).
Mr. Lee, who became President and CEO of Samsung North America in 2013, will continue to focus on the strategic needs of the company and its subsidiaries. Mr. Lee will also spearhead mid-term initiatives to expand the company’s footprint in North America.
In his expanded role, Mr. Baxter, who was named President and COO of SEA in 2015, will oversee all aspects of SEA including sales, marketing and operations across product categories. Over the past decade, Mr. Baxter has been an integral leader of SEA and has managed various lines of business, including mobile and consumer electronics.
“Tim and I have built a strong partnership and we will continue to work collaboratively to ensure we are meeting the highest standards that our loyal customers have come to expect of the Samsung brand. Together, we will work to grow Samsung’s business in the U.S. and across the region through key initiatives,” said Mr. Lee. “For the past 10 years, Tim has built relationships within SEA and with our valued partners within the Consumer Electronics and Mobile industry. These changes are a testament to the strong management team we have in place at Samsung Electronics America and showcase our commitment to supporting and developing local talent.”