Samsung loses 3 mobile execs, incl marketing chief - report

News Wireless Global 4 DEC 2014
Samsung loses 3 mobile execs, incl marketing chief - report
Three deputies to the head of Samsung Electronics's mobile division are leaving, a person with knowledge of the matter told Reuters. The person said the executives directly report to division chief JK Shin, who this week retained his post in the company's annual management reshuffle despite sagging smartphone sales and expectations the company will see its worst annual profit in three years in 2014. The departures included global marketing chief DJ Lee, the source said, confirming earlier media reports. 

Samsung Electronics is expected to announce its annual business reorganization plan by next week. The Joongang Ilbo newspaper reported earlier that Samsung will reduce executive-level positions for its mobile communications business by 25 percent. Other media reported the company could hive off its medical equipment business. 

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