Samsung 2003 Annual Report Download - page 66

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66 BOARD OF DIRECTORS
Yoon-Woo Lee
• Vice Chairman of SEC Global Collaboration and CEO of
• Samsung Advanced Institute Technology [2004-present]
• President & CEO, Device Solution Network, Samsung Electronics [1996-2004]
• Executive VP & CEO, Semiconductor Business Group,
• Samsung Electronics [1993-1996]
• Executive VP, Memory Division, Samsung Electronics [1992-1993]
• Managing director, Giheung Plant, Samsung Electronics [1987-1992]
Samsung Electronics works to enhance its business by
encouraging a progressive and entrepreneurial environment based
on the highest standards of governance, transparency, and
accountability. Under such policy, the BOD administers the
performance of management, sets corporate management policies,
and makes strategic decisions on business execution. These
activities are performed in accordance with relevant laws and
regulations, our articles of incorporation (AOI), and the resolutions
made at the annual general shareholders meeting (AGM).
To better target the various responsibilities of the BOD, authorities
have been delegated to board committees of which directors with
expertise and experience in a certain field can contribute to that
particular committee. The BOD currently has three committees- the
management committee, audit committee, and outside director
recommendation committee.
This past year the BOD was operated by thirteen members, seven
of them being outside directors. During the course of the year, the
BOD had nine meetings and handled 40 items.
The management committee considers and makes decisions on
issues delegated to them by the BOD and reports their voting
results to the board in accordance with the AOI, BOD charter, or
AGM resolutions. The committee aims to promote specialization
and efficiency in fulfilling business operations. The management
committee met 27 times this past year. The audit committee is
composed of three outside directors and is designed to oversee
and support the Company’s operations through a system of checks
and balances. The committee convened 6 times this past year.
The outside director recommendation committee is made up of
four directors (including 2 outside directors), and its primary
function is to nominate and recruit outside directors in a fair and
independent manner.
Kun-Hee Lee
• Chairman & CEO, Samsung Electronics [1998-present]
• Member, International Olympic Committee [1996-present]
• Vice chairman, Federation of Korean Industries [1987-present]
• Chairman, Samsung Group [1987-1998]
Jong-Yong Yun
• Vice chairman & CEO, Samsung Electronics [2000-present]
• President & CEO, Samsung Electronics [1997-1999]
• President & CEO, Samsung Japan Headquarters [1995-1996]
• President & CEO, Samsung Display Devices [1993-1995]
• President & CEO, Samsung Electro-mechanics [1992-1993]
Hak-Soo Lee
• Vice Chairman & CEO of Samsung Electronics, Chief of the Samsung
Restructuring Office, Head of the Samsung Electronics
• Chairman's Office [2004-present]
• President & CEO of Samsung Electronics, Chief of the Samsung
Restructuring Office, Head of the Samsung Electronics
• Chairman’s Office [1998-2003]
• President & CEO, Samsung Fire & Marine Insurance Ltd. [1995-1996]
• Vice President, Samsung Fire & Marine Insurance Ltd. [1994-1995]