Samsung’s co-CEO, Han Jong-hee, has died of a heart attack at the age of 63, a spokesperson for the South Korean company announced on Tuesday.
Han Jong-hee was instrumental in making Samsung the largest electronics group in the world. He began his career over 30 years ago and played a key role in countering Japanese competitors such as Sony.
He shared his leadership position with Jun Young-hyun. The company has not yet named a successor.
Samsung’s shares initially dropped following the news, but later recovered.
