Samsung names Jay Y Lee executive chairman amid global economic downturn • TechCrunch

Samsung Electronics has appointed Jay Y. Lee as the executive chairman to lead the world’s largest smartphone and memory chipmaker, two months after the heir received a presidential pardon that erased the 54-year-old’s criminal record. 

Last year, Lee was paroled from prison after serving 18 months in jail for bribing former South Korean president Park Geun-hye….

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