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Samsung appoints third-generation heir Lee Jae-yong as executive chairman

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Content Team
Image Credit: twitter

Samsung Electronics has officially appointed third-generation heir Lee Jae-yong as executive chairman, two months after he secured a pardon of his conviction for bribing a former president in a corruption scandal that toppled a previous South Korean government. Lee's promotion is partially symbolic as he has helmed the Samsung group in his capacity as the electronics company's vice chairman since 2014.