Samsung Electronics home appliance president offers to resign

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Samsung Electronics home appliance president offers to resign

Published: 18 Oct. 2022, 19:16

Lee Jae-seung, president and head of the consumer electronics business at Samsung Electronics [SAMSUNG ELECTRONICS]

A home appliance president at Samsung Electronics offered to resign for personal reasons, the company said Tuesday.

Lee Jae-seung, president and head of the consumer electronics business at Samsung Electronics, started working at the company in 1986 and is credited for leading the company's development of many innovative home devices, including the Bespoke Edition.

He climbed the corporate ladder to become president of the division in December 2020.

He is expected to take an advisory role for the tech giant's home appliance business, which has seen sluggish business amid slowing consumer spending.

Han Jong-hee, vice chair and co-CEO at Samsung, will cover the position following Lee's departure for the time being, Samsung said.

BY PARK EUN-JEE, YONHAP [park.eunjee@joongang.co.kr]