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Samsung appoints heir and ex-convict Jay Y Lee executive chairman as losses mount

On Thursday (October 27), Jay Y Leeย was named as executive chairman of Samsung, confirming that the billion-dollar company will be run by the third generation of the founder family.ย  The board approved Lee's ascension to the helm of the $250 billion company, it said in a statement. Also read |ย Global Economy LIVE | Meta's Q3 profits see sharp dip, Samsung also sees fall in operating profit
South Korea Jayy Lee Samsung Electronics Samsungct Corp Jayy Lee Profit Drops

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