Samsung Electronics Appoints New Head of Key Business Support Office
Samsung Electronics has appointed HK Park as the new head of its Business Support Office, the company’s central decision-making body that serves as a key coordination hub for chairman Jay Y. Lee and Samsung Group’s vast network of affiliates.
The unit, recently upgraded from a task force into a full-fledged office, functions as a strategic control tower across South Korea’s largest conglomerate, whose businesses span semiconductors, smartphones, shipbuilding, and pharmaceuticals.
Park, a former chief financial officer (CFO) at Samsung Electronics, joined the Business Support Task Force a year ago before being promoted to lead it. His appointment marks the first major leadership reshuffle since the office’s formation, following Samsung’s 2017 decision to dissolve its previous corporate nerve center after it became embroiled in a high-profile graft scandal.
Park replaces Chung Hyun-ho, who will now serve as an advisor to Chairman Jay Y. Lee. According to Samsung, Vice Chairman Chung, 65, “expressed his intention to step down from management to focus on nurturing future leaders, as Samsung’s business has been back on track.”
The company also said it has no plans to expand personnel at the Business Support Office at this time.
The leadership change underscores Samsung’s efforts to streamline its internal governance while maintaining close coordination across its many divisions — from memory chips and displays to consumer electronics — at a time of intense global competition and rapid AI-driven transformation.