Samsung board chairman Lee Sang-hoon has resigned nearly two months after he was discovered responsible on costs of union sabotage.
Lee Sang-hoon was appointed as board chairman of Samsung Electronics two years in the past in a transfer aimed to extend transparency on the firm by splitting the CEO and chairman roles.
Lee Sang-hoon was sentenced to a yr and a half in jail final December on costs that he violated labor legal guidelines.
Samsung’s high-level execs have discovered themselves in scorching water with the authorities currently. Jay Y. Lee, Samsung’s de-facto head, was discovered responsible of perjury, embezzlement and bribery in 2017, for which he served a brief stint in jail, and is at the moment awaiting a retrial.
Samsung VP Kang Kyung-hoon has been sentenced to 16 months in jail on costs of union interference. Lee Sang-hoon, Samsung’s now-former chairman, has additionally been concerned in a couple of occasion of convictions and subsequent pardons.