Samsung Electronics Vice Chairman Jae-Yong Lee Joins Board
Samsung Electronics approved the nomination of Vice Chairman Lee Jae-yong to the electronics giant's board of directors. The approval enables the 48-year-old Lee, the only son of the ailing Samsung Electronics Chairman Lee Kun-hee, to more actively participate and take formal responsibility in the company's important decision-making. The younger Lee joined Samsung Electronics in 1991.
Alibaba Appoints Former McKinsey Exec to Oversee Strategy and Investment Team in India
Alibaba appointed Madhur Deep as its SVP. In his new role, Deep will take care of strategy and investment team in India at Alibaba. Prior to this appointment, Deep worked for McKinsey as its Senior Engagement Manager.