Baxter to Leave Helm at Samsung North America in June; Eom to Become CEO

Samsung Electronics North America CEO Tim Baxter will retire June 1, the company confirmed Tuesday. In a statement, a Samsung spokesperson emailed that YH Eom, "who co-led alongside Tim for the past two years, will be taking full leadership of the organization." The company has a "strong management team in place through the region and we will continue to grow our business," the spokesperson said. "Tim is an exceptional business leader who has helped define Samsung as an innovator in the consumer electronics industry. We wish him all the best and thank him for his many contributions to Samsung." Baxter was promoted to CEO in July 2017 (see 1707110023).