Samsung Group promoted Chairman Lee Kun-hee's younger daughter on Wednesday in its latest management overhaul to tighten the founding family's grip over South Korea's largest business conglomerate.
Lee Seo-hyun, 37, also a granddaughter of the group's founder, was promoted one level to executive vice president of Cheil Industries Inc., Samsung's textile unit, the group said in a statement.
Lee Seo-hyun, 37, also a granddaughter of the group's founder, was promoted one level to executive vice president of Cheil Industries Inc., Samsung's textile unit, the group said in a statement.
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Lee Seo-hyun (right) and her husband Kim Jae-yul (left) were promoted to executive vice president of Cheil Industries Inc., Samsung’s textile unit, Nov. 8, 2010. (Yonhap News) |
The younger Lee was one of 490 executives at numerous affiliates who were promoted in the group's largest ever reshuffle.
Her promotion comes in the wake of her siblings' ascent to presidency last week, which heralded the start of third-generation management at the group's 67 affiliates that account for one-fifth of the country's gross domestic product.
Her brother Jae-yong, 42, was promoted to president of Samsung Electronics Co. Her sister Boo-jin, 40, was named president and chief executive of the group's hotel unit, president of Samsung Everland Inc., the group's de facto holding company, and an advisor to the trading division of Samsung C&T Corp., the group's trading and construction company. (Yonhap News)
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