Samsung board chairman resigns following labor laws violation sentence
Samsung board chairman Lee Sang-hoon has resigned almost two months after he was found guilty on charges of union sabotage.
Lee Sang-hoon was appointed as board chairman of Samsung Electronics two years ago in a move aimed to increase transparency at the company by splitting the CEO and chairman roles.
Lee Sang-hoon was sentenced to a year and a half in prison last December on charges that he violated labor laws.
Samsung’s high-level execs have found themselves in hot water with the authorities lately. Jay Y. Lee, Samsung’s de-facto head, was found guilty of perjury, embezzlement and bribery in 2017, for which he served a short stint in prison, and is currently awaiting a retrial.
Samsung VP Kang Kyung-hoon has been sentenced to 16 months in prison on charges of union interference. Lee Sang-hoon, Samsung’s now-former chairman, has also been involved in more than one instance of convictions and subsequent pardons.
