Samsung reshuffled its managerial hierarchy yesterday, promoting Kwon Oh Hyun, head of its DRAM operations, to vice chairman. Kwon, who successfully steered Samsung through an industry-wide price slump last quarter, will continue to head up the company's chip and LCD divisions, while working alongside Jung Yeon Joo - the former CEO of Samsung C&T Corporation who was also promoted to vice chairman. The restoration of this "top-two" structure was one of several moves the Samsung Group made on Wednesday, including the announcement of six new presidents. Kwon's advancement, however, is certainly the most noteworthy.
Engadget, Samsung promotes DRAM chief to vice chairman, implements 'top-two' structure
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