How Samsung Is Developing Its Next-Generation Leader
Samsung unveiled its upcoming flagship product yesterday: Lee Jae Yong. He's the son of company chairman Lee Kun Hee, the billionaire who transformed the former fish exporter into Asia's largest consumer-electronics company.
Yesterday's promotion of Lee Jae Yong to vice chairman signals his role as successor to his 70-year-old father, my colleague Jungah Lee reported in Bloomberg News. The elder Lee is chairman.
Even with the Lee family's iron grip over the South Korean tech giant, engineering a next-generation business leader is no small endeavor. The development process was two decades