A number of leading execute were moved or promoted ,but the 3 co-CEO of Samsung electronics all retained their post.
Many technology firms shuffle up their top level executives frequently in a never ending search for increasing profits and better sales. One of the firms that annually shakes up top level executives Samsung Smartphone.
Samsung perhaps had more reason this year to shake up its executives mix than it has in year past with some reports indicating than it sold 40% less Galaxy smartphones than it predicted.
Samsung group spokes man lee June told reporters.
Lee said ""we believe he would have a chance to help make other Jump in this changing environment in the future.
The net profit for the July-September period was the lowest for nearly 3 years.The family run company is currently embarking on a Major restructing Programme ahead of a ownership succession.
Last week it announced the $1.7 billion sale of stakes in four affiliates and a $2.0 billion share buyback.
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