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Samsung shakes up leadership with co-CEOs

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SOUTH KOREA: Samsung Electronics has dialled up the leadership heat with a fresh executive mix. TM Roh has officially been named head of the device eXperience division and appointed as CEO, joining Young Hyun Jun, vice chairman and head of the device solutions division, as co-CEOs.

Roh will continue steering Samsung’s mobile business as head of mobile eXperience business, while Jun stays on as the head of the memory business. The dual-CEO arrangement signals Samsung’s drive to balance mobile innovation with memory and device excellence.

To reinforce the tech edge, Janghyun Yoon has been appointed president, chief technology officer of the DX division and head of Samsung Research. Yoon, previously CEO of Samsung Venture Investment, also brings experience in software platforms, IoT and Tizen development from the MX Business.

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Adding academic gravitas to the team, Harvard’s Mark Hyman Jr. professor of chemistry and physics, Hongkun Park, will head the Samsung Advanced Institute of Technology. Park is celebrated for his pioneering work in nanoscience, quantum science and engineering.

With this reshuffle, Samsung aims to fuse innovation and research leadership, keeping the brand at the forefront of global tech, from smartphones to cutting-edge scientific breakthroughs. The company’s new leadership ensemble promises a future where strategy meets science in perfect harmony.

 

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Brands

Lululemon picks former Nike executive to be its next chief

Heidi O’Neill, who helped grow Nike into a $45 billion giant, will take the top job in September

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CANADA: Lululemon has found its next chief executive, and she comes with serious credentials. The athleisure giant named Heidi O’Neill as its new CEO on Wednesday, ending a search that has left the company running on interim leadership since earlier this year. O’Neill will take charge on September 8, 2026, based out of Vancouver, and will join the board on the same day.

O’Neill brings more than three decades of experience across performance apparel, footwear and sport. The bulk of that time was spent at Nike, where she was a central figure in one of corporate sport’s great growth stories, helping take the company from a $9 billion business to a $45 billion global powerhouse. She oversaw product pipelines, brand strategy and consumer connections, and played a significant role in shaping how Nike spoke to athletes around the world. Earlier in her career, she worked in marketing for the Dockers brand at Levi Strauss. She also brings boardroom experience from Spotify Technology, Hyatt Hotels and Lithia and Driveway.

The board was unequivocal in its enthusiasm. “We selected Heidi because of the breadth of her experience, her demonstrated success delivering breakthrough ideas and initiatives at scale, and her ability to be a knowledgeable change and growth agent,” said Marti Morfitt, executive chair of Lululemon’s board.

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O’Neill, for her part, was bullish. “Lululemon is an iconic brand with something rare: genuine guest love, a product ethos rooted in innovation, and a global platform still in the early stages of its potential,” she said. “My job will be to accelerate product breakthroughs, deepen the brand’s cultural relevance, and unlock growth in markets around the world.”

Until she arrives, Meghan Frank and AndrĂ© Maestrini will continue as interim co-CEOs, before returning to their previous senior leadership roles once O’Neill steps in.

Lululemon is betting that a Nike veteran who helped build one of the world’s most powerful sports brands can do something similar for an athleisure label that has genuine love from its customers but is still chasing its full global potential. O’Neill has done it before at scale. The question now is whether she can do it again.

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