Samsung Scion ‘Jay Y.’ to Join Board as Note 7 Crisis Worsens

September 12, 2016 2:40 PM

8 0

Samsung Scion ‘Jay Y.’ to Join Board as Note 7 Crisis Worsens

Samsung Electronics Co. heir apparent Lee Jae Yong has been nominated to the board, teeing him up for a bigger role as South Korea’s largest company struggles with a widening recall of its Note 7 smartphone.

Lee, better known as Jay Y., has been helping run Samsung since his father suffered a heart attack in 2014. Now the scion will have to show if he has the mettle to help steer the company through its deepest crisis in years.

Read more

To category page

Loading...