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Thursday, May 22, 2008
Seoul (ANTARA News/Asia Pulse) - The Samsung Electronics Co. (KSE:05930) said today that it will reassign Lee Jae-yong, the son of former Samsung Group head Lee Kun-hee, to a post covering the company's business in emerging markets as part of the company's personnel reshuffle.
The junior Lee, currently vice president in charge of customer relations at the company, will travel to countries including China, India and Russia to work with local employees, the South Korean company said in a statement.
The reassignment follows the senior Lee's resignation as chairman last month, when he was indicted by prosecutors on charges of establishing slush funds, engaging in bribery and masterminding shady intra-group transactions that helped him pass control of the group to his only son.
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